Type
Business expansion
Country
Romania
Region
Nord-Vest; Cluj;
Location of affected unit(s)
Iclod (Nord-Vest region, Cluj county)
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25 - Manufacture of fabricated metal products, except machinery and equipment

150 jobs
Number of planned job creations
Job creation
Announcement Date
15 July 2005
Employment effect (start)
1 September 2005
Foreseen end date
1 January 2007

Description

Irrom Industrie finalised the construction of a production hall for tubular steel radiators in Iclod (Nord-Vest region, Cluj county). Production here began in April 2005, though according to company estimates full capacity will not be reached until 2007, when it will employ 200 people.

Irrom Industry is a member of the Italian group Irsap, a producer of steel radiators.

The factory will have a new production line, as part of an investment worth €400,000.

‘The new production line forms part of our development plans for this year. We currently work on a single production line using three shifts and 50 employees – 30 more than at the beginning of the year. Assuming there are no problems, we expect the new line will be operational by September 2005’, Irrom general manager said. He added that the number of employees at the plant will rise to 100 by the end of 2005

Irrom is also planning to establish a national sales network during 2005. 90% of the company’s current production in Cluj is exported abroad.


Sources

  • 15 July 2005: Ziarul Financiar

Citation

Eurofound (2005), Irrom Industry, Business expansion in Romania, factsheet number 61961, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61961.