Type
Business expansion
Country
Romania
Region
Nord-Est; Iasi;
Location of affected unit(s)
Iasi
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.32 - Manufacture of other parts and accessories for motor vehicles

200 jobs
Number of planned job creations
Job creation
Announcement Date
12 April 2017
Employment effect (start)
12 April 2017
Foreseen end date
31 December 2017

Description

Local subsidiary of Swedish car safety systems manufacturer Autoliv is to hire 200 people in 2017 at the new engineering centre in Iasi. The company currently employs 11,000 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 job creation in March this year.


Sources

  • 12 April 2017: .business-review.eu
  • 13 April 2017: Profit.ro
  • 13 April 2017: ziaruldeiasi.ro
  • 13 April 2017: Ziarul Financiar

Citation

Eurofound (2017), Autoliv, Business expansion in Romania, factsheet number 90806, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90806.