Restructuring events
European Restructuring Monitor (ERM)
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.
Emerson is to hire the first 270 employees of 700 foreseen, after inaugurating a new building for offices and production in Cluj. The investment is worth €55 million, expanding the global network of production and services of the company.
The offices will host a Regional Center for Engineering Projects and a European Centre of Integration Systems for PantWeb Solutions Group. The production plant addresses provision of services and products of flow measurement. Plans have been made for 600 employees who will provide engineering services and support for European systems of control and automation projects, and for other 100 employees for assembling and testing control systems of projects throughout Europe.
Eurofound (2014), Emerson Romania, Business expansion in Romania, factsheet number 77451, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77451.