Kromberg & Schubert Romania

Type
Business expansion
Country
Romania
Region
Macroregiunea Patru; Vest; Arad
Location of affected unit(s)
Nadab
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.31 - Manufacture of electrical and electronic equipment for motor vehicles
110 jobs
Number of planned job creations
Job creation
Announcement Date
15 February 2017
Employment effect (start)
15 February 2017
Foreseen end date
31 December 2017

Description

Local subsidiary of German car cable producer Kromberg & Schubert has announced the creation of 110 new jobs for its factory in Nadab (Arad County). The new jobs are expected to be created by the end of 2017.

The company started operating in Romania in 2005 by opening plants in Nadab (Arad County), Timisoara (Timis County), Sibiu and Medias (Sibiu County).

In 2015, the company invested in extending the production capacity of the plant in Nadab and then 1,000 new jobs were created.

Sources

  • 15 February 2017: Ziarul Financiar

Citation

Eurofound (2017), Kromberg & Schubert Romania, Business expansion in Romania, factsheet number 90274, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90274.