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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.99 - Manufacture of other special-purpose machinery n.e.c.
174 jobs Number of planned job creations
Announcement Date
27 January 2017
Employment effect (start)
27 January 2017
Foreseen end date
31 December 2018
Description
German manufacturer of cleaning equipment and systems Kärcher is to hire 174 employees at its factory in Curtea de Arges, southern Romania, where it produces cleaning appliances. The job creation is expected to be completed by the end of 2018. The plant already employs 139 individuals. Kärcher invested 18.90 million euro in the plant  at Curtea de Arges plant, of which 7.65 mil euro came from state aid.
The group currently operates in Germany, Italy, Romania, China, Brazil, Mexico and the USA.
Sources
27 January 2017: Ziarul Financiar
Citation
Eurofound (2017), Kärcher, Business expansion in Romania, factsheet number 90162, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90162.
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