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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23.1 - Manufacture of glass and glass products 23.12 - Shaping and processing of flat glass
312 jobs Number of planned job creations
Announcement Date
11 November 2014
Employment effect (start)
11 November 2014
Foreseen end date
Description
GlassCorp, part of Turkish Sisecam Group, is to create 312 jobs at its newly established plant in Buzau. With an investment of €65 million and state aid, the automotive glass will produce windscreens, side windows and rear windows, having a capacity for 800,000 tool sets annually.
Sources
11 November 2014: Wall-Street
12 November 2014: Ziarul Financiar
Citation
Eurofound (2014), GlassCorp, Business expansion in Romania, factsheet number 77846, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77846.