Kromberg and Schubert

Type
Internal restructuring
Country
Romania
Region
Macroregiunea Patru; Vest; Timiş
Location of affected unit(s)
Timişoara
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
137 jobs
Number of planned job losses
Job loss
Announcement Date
22 May 2009
Employment effect (start)
Foreseen end date
31 May 2009

Description

The German group Kromberg and Schubert notified the county agency for employment of its intention to dismiss 137 employees at the Timişoara factory during May 2009. The factory is specialised in the manufacture of electrical equipment for vehicles. As a result the number of employees will decrease at the end of May to 2,500 persons. The job losses are attributed to the decrease of orders from the auto industry.

Sources

Citation

Eurofound (2009), Kromberg and Schubert, Internal restructuring in Romania, factsheet number 69003, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69003.