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.
Manufacturing Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32.99 - Other Manufacturing N.E.C.
100 jobs Number of planned job creations
Announcement Date
14 May 2024
Employment effect (start)
14 May 2024
Foreseen end date
31 December 2024
Description
Hengst Filtration, a German company specialized in developing filtration systems for cars and trucks, for plant and mechanical engineering, industrial filtration, hydraulics, and health care, opened a new plant at Bals (Olt County). The company announced that 100 persons will be hired by the end of 2024 and its intention is to have 500 employees by 2028.
The Bals plant has an area of 15,000 square meters, the investment was around €8 million and will mainly produce filters for the household and professional sector and for cleaning appliances and power tools in the private and professional sector.
The new plant operates in the halls of a former automotive interior components factory that was built in 2012 and closed in early 2020.
The German company was founded in 1958, as a family company and 3,500 employees that covers 21 locations worldwide.
Eurofound (2024), Hengst Filtration, Business expansion in Romania, factsheet number 201178, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201178.
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