EMCC European Monitoring Centre on Change

Penny

Company/Organisation:
Penny

Geographic Location

Country: Romania
Location of affected unit(s): different locations from Romania

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.2 - Retail sale of food, beverages and tobacco in specialised stores
Number Employed: 5000
Group: Rewe

Employment Effects

Announcement Date: 26-01-2021
Type of Restructuring: Business expansion
Employment Effect Start: 26-01-2021
Foreseen End Date: 31-12-2021
Planned Job Creation: 400

Additional Information

The Penny chain of supermarkets, owned by the German Group Rewe, announced the creation of 400 new permanent jobs by the end of 2021.

One hundred new jobs will be created at a new logistics centre in Filiiasi, Southern Romania, while the remaining 300 new jobs in 25 new stores across the country. In response to the pandemic, the company is also upgrading its stores and investing in digital solutions (automation of stores and communication with clients).

As of 2021, Penny Market operates 280 stores in Romania and employs 5,000 workers. In 2019, Rewe Group had a workforce over 363,000.