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 (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
3,400 jobs Number of planned job creations
Announcement Date
31 August 2007
Employment effect (start)
3 September 2007
Foreseen end date
Description
Hanil Electronics, a Korean firm that produces components and equipment for the electronics producer Samsung, is to create 3,400 new jobs in Oradea with the construction of a new site. The new site will involve an investment in the region of 30-40 million EUR and will produce Samsung flat screen computer monitors and television sets. The site will become the first LCD producing factory in Romania. Hanil Electronics first entered the Romanian market in 2007 and also operates a plant in Santandrei at which 100 are employed.
Eurofound (2007), Hanil Electronics, Business expansion in Romania, factsheet number 65778, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65778.
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...