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 (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
300 jobs Number of planned job creations
Announcement Date
5 October 2010
Employment effect (start)
1 November 2010
Foreseen end date
31 December 2011
Description
Lufkin Industries Group, manufacturer of equipments for the oil and gas industry, announced the intention to create 300 new jobs in 2011, as result of an investment of 126 million US dollars, in a new factory located in Aricesti near Ploiesti (Prahova county, South region).
Sources
6 October 2010: Ziarul Financiar
Citation
Eurofound (2010), Lufkin Industries Romania, Business expansion in Romania, factsheet number 71091, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71091.
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