Sol-Plus

Type
Business expansion
Country
Romania
Region
Macroregiunea Patru; Vest; Timiş
Location of affected unit(s)
Timişoara (Timiş county, Vest region)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
22 - Manufacture of rubber and plastic products
22 - Manufacture of rubber and plastic products
100 jobs
Number of planned job creations
Job creation
Announcement Date
16 November 2005
Employment effect (start)
16 November 2005
Foreseen end date

Description

On 16 November 2005, the Japanese company Sol-Plus opened a plastics injection factory in Timişoara (Timiş county, Vest region) following an investment of €1.5 million. The new production unit will initially provide 100 jobs.

This is the company' second investment in Romania. The first was a plastics manufacturing factory in Bucharest, which required funds amounting to €76 million.

Sources

  • 16 November 2005: Ziarul Financiar

Citation

Eurofound (2005), Sol-Plus, Business expansion in Romania, factsheet number 62685, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62685.