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.
Tetarom Industrial Park, Cluj Napoca, Cluj county, North-West region and Oradea
Sector
Professional Services Scientific, Architectural And Engineering Technical Activities Architectural And Engineering Activities; Technical Testing And Analysis 71.12 - Engineering activities and related technical consultancy
700 jobs Number of planned job creations
Announcement Date
11 September 2012
Employment effect (start)
Foreseen end date
31 December 2013
Description
In September 2012, the American company Emerson, manufacturer of electrical equipment, announced the intention to hire 100 new employees until the end of 2012 and another 900 people in 2013. That decision comes as result of substantial financial investments made by the company in Romania. At that moment the company has 1,400 employees in TetaromPark in Cluj, Romania.
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UPDATE 5 March 2013: the company announced that has 1,600 employees and starting of April 2013 intend to hire other 500 persons, for Cluj and Oradea sites.
Sources
12 September 2012: Ziarul Financiar
6 March 2013: Ziarul Financiar
Citation
Eurofound (2012), Emerson Romania, Business expansion in Romania, factsheet number 74188, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74188.
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