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
1,000 jobs Number of planned job creations
Announcement Date
24 March 2014
Employment effect (start)
24 March 2014
Foreseen end date
31 December 2014
Description
The German manufacturer of auto vehicle components Continental Romania has announced its intention to hire 1,000 people in 2014. These jobs will be located in Timisoara, Sibiu, Iasi, Brasov, Nadab and Carei.
Half of these jobs are aimed at graduates with an education in technical areas.
In 2010, the ERM reported that Continental had announced the creation of 1,400 jobs in its production sites in Sibiu and Timisoara.
Sources
26 April 2014: Ziarul Financiar
25 March 2014: Adevarul
Citation
Eurofound (2014), Continental Romania, Business expansion in Romania, factsheet number 76757, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76757.
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