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.
German retailer Kaufland is to create 1,000 jobs by December 2020. The company intends to open stores all over the county. In addition, starting on 1 March 2020 the company will increase the net minimum wage for its workers by 10% (3,650 lei, €765.41).
In December 2019, the company advertised 500 new jobs for persons with disabilities. In addition, Kaufland has also started a series of initiatives to contribute to the development of the Romanian educational system. One of the projects launched for this purpose, with the support of the Bucharest Academy of Economic Studies and other actors from the academic and commercial environment in Romania, intends to introduce the dual study at university level as an alternative to the traditional education currently existing in this segment.
The large German retailer has 1,300 stores in seven countries across Europe. As of January 2020, Kaufland employs an estimated 12,374 members of staff across 127 stores in Romania, which makes Kaufland the country's largest private employer.
Eurofound (2020), Kaufland, Business expansion in Romania, factsheet number 99732, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99732.
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