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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.32 - Manufacture of other parts and accessories for motor vehicles
550 jobs Number of planned job creations
Announcement Date
2 August 2012
Employment effect (start)
Foreseen end date
1 April 2013
Description
The Romanian division of Continental Automotive, manufacturer of vehicle components, announced plans to hire 550 employees by April 2013. The job creation is the result of an investment in a new factory located at Ghimbav, near Brasov.
At present the Continental group employs 10,500 people across Romania in seven production units and three research and development centres.
Sources
3 August 2012: Ziarul Financiar
Citation
Eurofound (2012), Continental Automotive Romania, Business expansion in Romania, factsheet number 73964, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73964.
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