Type
Business expansion
Country
Romania
Region
Centru; Covasna;
Location of affected unit(s)
Baraolt, commune Covasna, Centre Region
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Wearing Apparel
14 - Manufacture of wearing apparel

150 jobs
Number of planned job creations
Job creation
Announcement Date
28 April 2006
Employment effect (start)
27 April 2006
Foreseen end date

Description

Textile producer Platanus from Baraolt, Covasna invested EUR 1.2 million in a new plant for blazer manufacturing. As result the number of employees increased from 100 to 200-250. The majority of Platanus' capital is held by a German investor.


Sources

  • 28 April 2006: Ziarul Financiar

Citation

Eurofound (2006), Platanus, Business expansion in Romania, factsheet number 63405, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63405.