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 (24 - 25) Manufacture of metals 25 - Manufacture of fabricated metal products, except machinery and equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
300 jobs Number of planned job creations
Announcement Date
20 December 2010
Employment effect (start)
3 January 2011
Foreseen end date
30 December 2011
Description
Rulmenti Barlad, a manufacturer of ball bearings, announced that in 2011 it will hire 300 persons as production is planned to increase by 25-30%. In 2010, the company has 2,200 employees and a turnover of 70 million US dollars (= approx 55 m Euros).
Sources
21 December 2010: Economistul
Citation
Eurofound (2010), Rulmenţi Bârlad, Business expansion in Romania, factsheet number 71373, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71373.