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 Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.11 - Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres
300 jobs Number of planned job creations
Announcement Date
23 September 2011
Employment effect (start)
Foreseen end date
1 July 2012
Description
The German group Continental, manufacturer of vehicle components, announced the intention to create 300 new jobs in the first half of 2012 at Contitech Fluid Automotive Carei (Satu Mare county, North-West region), as result of an investment of 15.7 million euros for production capacity expansion. At the end of 2010 the company has 754 empoloyees.
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Sources
26 September 2011: Ziarul Financiar
Citation
Eurofound (2011), Contitech Fluid Automotive, Business expansion in Romania, factsheet number 72422, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72422.
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