Penny Market

Type
Business expansion
Country
Romania
Region
Macroregiunea Doi; Nord-Est; Bacău
Location of affected unit(s)
Bacau
Sector
Transportation / Storage
52 - Warehousing, storage and support activities for transportation
52.1 - Warehousing and storage
52.10 - Warehousing and storage
150 jobs
Number of planned job creations
Job creation
Announcement Date
9 May 2016
Employment effect (start)
Foreseen end date

Description

Discount supermarket chain Penny Market, which is part of the German Group Rewe, announced the creation of 150 new permanent jobs in the new logistics centre in Bacau (Bacau County). Construction of the site has begun and the recruitment will start this year. This new logistics facility will serve as a distribution hub for stores located in the East part of the country.

Penny Market opened the first discount store in 2005 and it currently operates 175 stores in Romania.

Sources

  • 9 May 2016: businesscover.ro

Citation

Eurofound (2016), Penny Market, Business expansion in Romania, factsheet number 87447, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/87447.