EMCC European Monitoring Centre on Change

Rossmann

Company/Organisation:
Rossmann

Geographic Location

Country: Germany

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.75 - Retail sale of cosmetic and toilet articles in specialised stores

Employment Effects

Announcement Date: 06-01-2010
Type of Restructuring: Business expansion
Planned Job Creation: 1000

Additional Information

The drugstore chain Rossmann has announced its intention to invest EUR 90 million in 120 new German stores creating 1,000 new in 2010. Currently, Rossmann runs 1500 stores all over Germany. In 2009, turnover increased by 4.3%, according to the company. Rossmann has also stores in Poland, Hungary, Czech Republic and Albania. In spring 2010 new stores will be opend in Turkey.