Type
Business expansion
Country
Romania
Region
Bucuresti; Bucuresti;
Location of affected unit(s)
Bucuresti
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51.10 - Passenger air transport

301 jobs
Number of planned job creations
Job creation
Announcement Date
19 May 2016
Employment effect (start)
19 May 2016
Foreseen end date
31 December 2016

Description

Hungarian low-cost airline Wizz Air will invest EUR 100 millions in its Bucharest base and create 301 new jobs. The airline plans to reach a total workforce of 600 employees in 2016. The business expansion aims at increasing the existing routes and opening a new one to Tenerife.

Wizz Air currently employs 299 people in Romania.


Sources

  • 19 May 2016: businessmagazin.ro

Citation

Eurofound (2016), Wizz Air, Business expansion in Romania, factsheet number 87524, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87524.