Type
Business expansion
Country
Romania
Region
Bucuresti; Bucuresti; Ilfov
Location of affected unit(s)
south of Bucharest
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

700 jobs
Number of planned job creations
Job creation
Announcement Date
1 October 2008
Employment effect (start)
Foreseen end date
31 March 2010

Description

On 1 October 2008, the French group Alstom, manufacturer of equipment for power generation and rail transport, announced an investment of 20 million EUR in a new plant in south of Bucharest. The new plant, which will be operational in approximately 18 months, will create 700 new jobs. With this expansion, the company expects to double its turnover over the next six years.


Sources

  • 2 October 2008: Ziarul Financiar

Citation

Eurofound (2008), Alstom, Business expansion in Romania, factsheet number 67301, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67301.