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 Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13.96 - Manufacture of other technical and industrial textiles
530 jobs Number of planned job creations
Announcement Date
29 March 2017
Employment effect (start)
29 March 2017
Foreseen end date
1 January 2020
Description
French car component manufacturer Faurecia is to create over 530 jobs at its new car upholstery factory in Cateasca, southern Romania.The new factory was opened on 29 March 2017 and it now employs 370 people. Faurecia invested 8 mil Euro in this new factory.
The company has another four factories in Romania and a total employee base of 3,300. Its first factory was opened in 2003.
Sources
29 March 2017: Ziarul Financiar
29 March 2017: digi24.ro
29 March 2017: capital.ro
29 March 2017: Bursa.ro
Citation
Eurofound (2017), Faurecia, Business expansion in Romania, factsheet number 90616, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90616.
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