Draxlmaier

Type
Internal restructuring
Country
Romania
Region
Macroregiunea Unu; Centru; Braşov
Location of affected unit(s)
Codlea (Brasov county, Centre region)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
1,000 jobs
Number of planned job losses
Job loss
Announcement Date
27 November 2008
Employment effect (start)
1 December 2008
Foreseen end date

Description

The German company Draxlmaier, manufacturer of components for the automotive industry, announced the cut of 1,000 jobs of the existing 2,000 at the factory Rolem Codlea (Brasov county, Centre region). The group which operates in Romania with approximately 17,500 employees. The reason is the impact of worsening international economic environment which has led to anticipated production in 2009 falling to 60% of 2008 levels.

Sources

  • 27 November 2008: Ziarul Financiar

Citation

Eurofound (2008), Draxlmaier, Internal restructuring in Romania, factsheet number 67501, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67501.