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.
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).
Eurofound (2008), Renault Technologies Roumanie, Business expansion in Romania, factsheet number 66901, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66901.