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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.40 - Manufacture of weapons and ammunition
574 jobs Number of planned job creations
Announcement Date
9 February 2012
Employment effect (start)
1 March 2012
Foreseen end date
31 December 2012
Description
Romanian manufacturer of weapons and ammunitions Cugir announced plans to hire approximately 574 new employees by the end of 2012.
The decision is motivated by the necessity to respond to an increase in market demand.
The Cugir factory (Alba county, Centre region) currently employs 655 people and is a part of the National Company ROMARM.
Sources
10 February 2012: www.romanialiberia.ro
25 June 2012: www.indaparare.ro
Citation
Eurofound (2012), Cugir, Business expansion in Romania, factsheet number 73092, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73092.
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