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 29.32 - Manufacture of other parts and accessories for motor vehicles
500 jobs Number of planned job creations
Announcement Date
1 March 2017
Employment effect (start)
1 March 2017
Foreseen end date
31 December 2017
Description
Local subsidiary of Swedish car safety systems manufacturer Autoliv is to hire 500 people in 2017 for all its plants in Romania. The company currently employs 10,500 people across its plants in Lugoj, Brasov, Resita, Prejmer and Sfantu Gheorghe, and the research and development (R&D) centres in Timisoara and Brasov. The business creation is attributed to new R&D projects as well as an increase in the company's production capacity.
Autoliv opened its first plant in 1997 in Brasov and it produces car safety systems. The company announced another large job creation last year.
Sources
1 March 2017: Ziarul Financiar
Citation
Eurofound (2017), Autoliv, Business expansion in Romania, factsheet number 90433, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90433.
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