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 Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
300 jobs Number of planned job creations
Announcement Date
16 June 2005
Employment effect (start)
Foreseen end date
31 December 2007
Description
The German company Bosch Rexroth will invest €10 million to set up a manufacturing machine-tools components factory in Blaj (Centru Region, Alba county), set to start production in 2007. Company officials disclosed only the barest details: the factory will have 300 employees, a 40,000 square metres location and will manufacture profiled steering slides.
Bosh representative office in Romania was set up in 1994 and totals €40 million of annual sales. Products range from portable electric tools to central heating units for flats and houses.
Worldwide, the Bosch group reported a turnover of over €40 billion in 2004.
Sources
16 June 2005: Ziarul Financiar
16 June 2005: Curentul
16 June 2005: Gandul
16 June 2005: Economistul
Citation
Eurofound (2005), Bosch Rexroth, Business expansion in Romania, factsheet number 61840, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61840.
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