Type
Business expansion
Country
Romania
Region
Location of affected unit(s)
different locations in Romania
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42.9 - Construction of other civil engineering projects

600 jobs
Number of planned job creations
Job creation
Announcement Date
4 June 2021
Employment effect (start)
4 June 2021
Foreseen end date
31 December 2021

Description

Hidroconstrucţia, a Romanian company specialized in hydropower and hydrotechnical construction works both above and underground, announced its plans to hire 600 people by the end of 2021.

Hidroconstrucţia is one of the largest builders on the Romanian market. Its current projects have a cumulative value of €90 million.

The company has 12 subsidiaries and production sub-units with head offices across multiple locations in Romania.

By the end of 2020 the company had a workforce of 1,758.


Sources

  • 4 June 2021: Ziarul Financiar (short version of the article) (www.zf.ro)

Citation

Eurofound (2021), Hidroconstructia, Business expansion in Romania, factsheet number 104975, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104975.