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 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
500 jobs Number of planned job creations
Announcement Date
10 January 2017
Employment effect (start)
10 January 2017
Foreseen end date
30 April 2017
Description
Japanese cable producer Sumitomo Electric Wiring Systems (SEWS) has announced the creation of 500 new jobs at the new plant in Targu Jiu, which is expected to open in April 2017.
More jobs will come on stream later in the year. Overall about 1,500 jobs are expected to be created at the new plant by the end of 2017.
The company started operating in Romania in 2000 by opening plants in Deva (Hunedoara County), Orastie and Alba Iulia (Alba County).
Sources
10 January 2017: gorjexclusiv.ro
19 January 2017: mediafax.ro
Citation
Eurofound (2017), Sumitomo Electric Wiring Systems, Business expansion in Romania, factsheet number 89798, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89798.
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