Restructuring events
European Restructuring Monitor (ERM)
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.
German global engineering and electronics group Bosch announced the creation of 2,000 new jobs in Jucu near Cluj in 2012. The newly hired employees will be located in the former Nokia site in Jucu.
Nokia Romania had announced its withdrawal from its factory in Jucu in September 2011 leaving 2,200 people jobless (see here). Now, a number of companies have announced job creation on Nokia's former premises including De'Longhi (see here), Transcarpatica (see here) and Bosch. In total 2,750 job creations have been announced by these three companies.
Bosch, which manufactures electronic components for vehicles amongst others, has been operating in Romania since 1994.
Eurofound (2012), Bosch Romania, Business expansion in Romania, factsheet number 73019, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73019.
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