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.
(46 - 47) Wholesale / Retail 46 - Wholesale trade 46.1 - Wholesale on a fee or contract basis 46.15 - Activities of agents involved in the wholesale of furniture, household goods, hardware and ironmongery
300 jobs Number of planned job creations
Announcement Date
16 November 2016
Employment effect (start)
Foreseen end date
Description
IKEA - a Swedish furniture retail chain - is planning to open its third store in Hungary, in Budapest. The new investment will have created 300 new jobs by the first half of 2017. IKEA is not only planning to open a new store but also wants to develop its online service in Hungarian market. By the end of 2017, the company will have introduced its home delivery service.
Sources
16 November 2016: origo.hu
16 November 2016: Napi.hu
Citation
Eurofound (2016), IKEA, Business expansion in Hungary, factsheet number 89144, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/89144.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...