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.
Bucharest (Bucharest region), Piteşti (Argeş county South region) and Titu (Dâmboviţa) county, South region)
Sector
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72 - Scientific research and development
3,000 jobs Number of planned job creations
Announcement Date
11 July 2008
Employment effect (start)
Foreseen end date
31 December 2009
Description
Renault Technologies Roumanie (RTR), an engineering centre of French group Renault, announced its plan to recruit 3,000 engineers by the end of 2009 in order to create in Romania the second pole for Renault design, after Paris Technocentre. The centre is necessary for untraditionally East European market, requesting new cars' models. At present in Bucharest, 1,100 engineers are employed. The number will increase - only in Bucharest - to approximately 2,000 by the end of 2009. The investment totalised EUR 100 million in three locations: Bucharest (Bucharest region), Piteşti (Argeş county South region) and Titu (Dâmboviţa county, South region).
Sources
14 July 2008: Ziarul Financiar
Citation
Eurofound (2008), Renault Technologies Roumanie, Business expansion in Romania, factsheet number 66901, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66901.
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