Type
Closure
Country
Romania
Region
Vest; Timis;
Location of affected unit(s)
Timisoara, Timis county, West region
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

141 jobs
Number of planned job losses
Job loss
Announcement Date
4 May 2009
Employment effect (start)
Foreseen end date
30 June 2009

Description

The German manufacturer of cables for vehicles, Jurgenhake, announced its intention to dismiss all 141 employees in May-June 2009, as a result of the bankruptcy of the factory located in Timisoara.The reasons are related to the decrease of orders from the auto industry.


Sources

Citation

Eurofound (2009), Jurgenhake Timişoara, Closure in Romania, factsheet number 69005, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69005.