Restructuring events
European Restructuring Monitor (ERM)
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.
Alison Hayes, the Romanian local subsidiary of the British manufacturer of ladies clothing, announced that it is to create 300 new jobs of which 150 at its factory in Urziceni (Lalomita county, South region) and other 150 in Buzau (Buzau county, South region). This business expansion is linked to the launch of four new production lines. Corina Stoica, financial manager of Alison Hayes, stated that there is a need to further develop the market of ladies clothing in Romania and prepare the conditions for close cooperation with big retailers as soon as they start to operate in the country.
As of February 2008, there is no information on when the 300 new jobs will be created by.
Eurofound (2008), Alison Hayes Romania, Business expansion in Romania, factsheet number 66299, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66299.