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 (31) Manufacture of furniture 31 - Manufacture of furniture 31 - Manufacture of furniture
200 jobs Number of planned job creations
Announcement Date
6 December 2010
Employment effect (start)
Foreseen end date
31 December 2011
Description
Cotta International Arad, manufacturer of furniture, announced the creation of 200 new jobs as result of the expansion of production capacity in a new unit, located in Ineu, Arad county in West Romania.This is a result of an investment of 2.5 million euros.
Sources
7 December 2010: Ziarul Financiar
Citation
Eurofound (2010), Cotta International, Business expansion in Romania, factsheet number 71367, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71367.