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 Manufacture Of Food And Beverage Manufacture Of Food Products 10.82 - Manufacture of cocoa, chocolate and sugar confectionery
New offshoring locations
Bulgaria
440 jobs Number of planned job losses
Announcement Date
12 November 2008
Employment effect (start)
Foreseen end date
31 December 2009
Description
Kraft Foods Romania, manufacturer of chocolate, announced the intention to close by the end of 2009, the Brasov unit, with 440 employees. Some of the products will be transferred to the Bulgarian subsidiary of the group.The motivation is the limited area for expansion of the unit located in the centre of Brasov town.The 440 redundant workers will receive compensatory payments. In 2007, the turnover at Brasov site was 137 million euro.
Sources
13 November 2008: Ziarul Financiar
Citation
Eurofound (2008), Kraft Foods, Offshoring/Delocalisation in Romania, factsheet number 67497, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67497.
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