Type
Business expansion
Country
Romania
Region
Sud-Est; Tulcea;
Location of affected unit(s)
Tulcea
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30.11 - Building of ships and floating structures

300 jobs
Number of planned job creations
Job creation
Announcement Date
16 June 2017
Employment effect (start)
16 June 2017
Foreseen end date

Description

Vard, a shipyard company, will hire 300 persons from Vietnam to work as welders and toolmakers at the company's site in Tulcea, Romania. The decision to hire Vietnamese workers is attributed to a shortage of specialised workers in Romania. 

As of June 2017, Vard employed approximately 3,000 people at its shipyard in Tulcea and an estimated 9,000 people worldwide.


Sources

  • 16 June 2017: Ziarul Financiar

Citation

Eurofound (2017), Vard, Business expansion in Romania, factsheet number 91380, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91380.