Romaltyn

Type
Business expansion
Country
Romania
Region
Macroregiunea Unu; Nord-Vest; Maramureş
Location of affected unit(s)
Baia Mare
Sector
Mining / Quarrying
07 - Mining of metal ores
07.1 - Mining of iron ores
07.29 - Mining of other non-ferrous metal ores
150 jobs
Number of planned job creations
Job creation
Announcement Date
12 February 2013
Employment effect (start)
12 February 2013
Foreseen end date
31 December 2013

Description

Romaltyn, a mining company, announced the intention to hire 150 people until the last quarter of 2013. Romaltyn was purchased by Fribourg Investments fund. The fund estimates that in order to restart Romaltyn's activity investments of 40 million US dollars are necessary.

Sources

  • 12 February 2013: Ziarul Financiar

Citation

Eurofound (2013), Romaltyn, Business expansion in Romania, factsheet number 74976, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74976.