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 Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
200 jobs Number of planned job creations
Announcement Date
30 May 2007
Employment effect (start)
2 July 2007
Foreseen end date
Description
The Swedish company Ericsson, manufacturer of telecom equipment announced the intention to hire 200 higher education graduates for the Bucharest Global Services Centre. The Centre will open in July. The reason for choosing this location, according to the company representatives, was the wage cost, still competitive in Romania and the potential expansion of the market in East and Central Europe. In 2005 the turnover of Ericsson in Romania was EUR 39 million.
Eurofound (2007), Ericsson, Business expansion in Romania, factsheet number 65427, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65427.
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