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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20 - Manufacture of chemicals and chemical products 20 - Manufacture of chemicals and chemical products
200 jobs Number of planned job creations
Announcement Date
9 August 2007
Employment effect (start)
15 September 2007
Foreseen end date
Description
Henkel Romania, a subsidiary of the German household products producer Henkel, is to open a new plant in Campia Turzii that will employ 100-200. The new site will specialize in the production of adhesives, and it has been estimated that 20,000 tonnes of adhesives will be produced every month at the plant. An investment of around 10 million EUR will be made in the plant. Henkel Romania officials have announced that they expect the unit to be opened by mid-September 2007. The opening of the site at Campia Turzii will mark Henkel’s first Romanian investment outside of Bucharest. At their Pantelimon plant in Bucharest at which 260 are employed, the firm produces adhesives for ceramic tiles, insulation systems, sealants, and flooring products.
Sources
10 August 2007: Ziarul Financiar
13 August 2007: Economistul
Citation
Eurofound (2007), Henkel, Business expansion in Romania, factsheet number 65693, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65693.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...