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.
Local subsidiary of Swedish car safety systems manufacturer Autoliv is to hire 400 people in 2017 for the new plant in Onesti (Bacau County). The company currently employs 9,500 people across its plants in Lugoj, Brasov, Resita, Prejmer and Sfantu Gheorghe, and the research and development (R&D) centres in Timisoara and Brasov.
Autoliv opened its first plant in 1997 in Brasov and it produces car safety systems. In 2007, the company opened a new plant in Lugoj (Timis County) as a result of a 30 million euro investment.
Autoliv has announced another job creation in June this year.
Eurofound (2016), Autoliv, Business expansion in Romania, factsheet number 89481, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89481.