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.
Marquardt, a German electronic systems, sensors and controls manufacturing company, announced the expansion of its research and development centre in Sibiu. The company will create 100 new positions by the end of 2021. The roles include engineers and experts in innovative mechatronics, who will support the activities in Germany, Republic of North Macedonia, Tunis and Romania.
The research and development centre in Sibiu was established in 2008. The group's Romanian subsidiary Marquardt Schaltsysteme SCS has been operating in Sibiu since 2006 with a local workforce of 2,500 employees working across three sites. The company’s’ newest services centre Marquardt Business Services was opened in 2020.
Eurofound (2021), Marquardt, Business expansion in Romania, factsheet number 104573, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/104573.