Type
Business expansion
Country
Romania
Region
Bucuresti; Bucuresti;
Location of affected unit(s)
Bucharest
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25.11 - Manufacture of metal structures and parts of structures

160 jobs
Number of planned job creations
Job creation
Announcement Date
19 June 2012
Employment effect (start)
Foreseen end date
31 December 2013

Description

An Italian company Walter Tosto, manufacturer of metal structures (equipment for the nuclear energy sector) announced intention to create from 160 to 200 new jobs by the end of 2013 in its unit in Bucharest, Romania.

The expansion is the result of a substantial financial investments made in the former IMGB company located in Bucharest.


Sources

  • 20 June 2012: Ziarul Financiar

Citation

Eurofound (2012), Walter Tosto Romania, Business expansion in Romania, factsheet number 73795, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73795.