The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Goods In Specialised Stores 47.7 - Retail sale of other goods in specialised stores
2,000 jobs Number of planned job creations
Announcement Date
12 September 2017
Employment effect (start)
31 December 2018
Foreseen end date
31 March 2019
Description
The Israeli company, AFI Europe, specialising in real estate development and investment operations, will open a new shopping centre in Brasov, Romania by March 2019, which is expected to generate some 2,000 new jobs.Â
€120 million was invested into the new shopping centre that will hold approximately 200 shops. According to official sources, construction is now underway.Â
Headquartered in the Netherlands, AFI Europe is part of the AFI Group — an international holdings and investments conglomerate with subsidiaries that engage in real estate, construction, infrastructure, industry and hotels.
In Romania, AFI Europe already has one shopping centre in Bucuresti and one in Ploiesti (Prahova County).
Sources
12 September 2017: Ziarul Financiar
12 September 2017: romanianjournal.ro
12 September 2017: Business-Review.eu
13 September 2017: angajatorulmeu.ro
Citation
Eurofound (2017), AFI Europe, Business expansion in Romania, factsheet number 91929, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91929.
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