Type
Business expansion
Country
Romania
Region
Nord-Vest; Bihor;
Location of affected unit(s)
Salonta (Bihor county, North-West region)
Sector
Manufacturing
Manufacture Of Wood And Paper Materials
Manufacture Of Paper And Paper Products
17.21 - Manufacture of corrugated paper and paperboard and of containers of paper and paperboard

200 jobs
Number of planned job creations
Job creation
Announcement Date
12 November 2008
Employment effect (start)
Foreseen end date
31 December 2010

Description

The Belgian packaging manufacturer, VPK announced an investment of 15 million euro for a new plant located at Salonta, with 200 new jobs in the next two years.In present the company has 50 employees at Salonta plant.The Belgian group has 26 sites in 12 European countries and hire 3,000 persons. The turnover of the group in 2007 was 617 million euro.


Sources

  • 13 November 2008: Ziarul Financiar

Citation

Eurofound (2008), VPK Packaging Romania, Business expansion in Romania, factsheet number 67498, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67498.