Restructuring events
European Restructuring Monitor (ERM)
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.
Kesko Senukai, retail chain of house building, home repairing and improvement stores is going to open a new store K Senukai at the Ozols shopping centre in Riga. The company informed that it has managed to hire a team of 200 employees in 3 month.
The new store needed 110 employees in sales and customer service, 35 in warehouse, 40 in service and sales, and 15 positions in management positions.
K Senukai Ozols is to be opened by the end of 2019. The store will occupy 20,000 m2 space and €6 miliion were invested.
Kesko Senukai Latvia, a daughter company of Lithuanian Kesko Senukai, operates nine stores in Latvia. In 2018 it had a turnover of €90,623 million and a profit of €1.474 million. In 2018, the total number of employees in Latvia was 559.
Eurofound (2019), K Senukai, Business expansion in Latvia, factsheet number 98924, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/98924.
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