Restructuring events
European Restructuring Monitor (ERM)
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.
German manufacturer of powder metal transmission systems and components, PMG Sinter, announced its intention to hire 130 employees by February 2018. The new jobs are available at the Brasov plant (Brasov County) which will open in February 2018. The construction of the Brasov plant will start in autumn 2017 and is the eighth plant the company has opened in Europe.
PMG Sinter was founded in 1960 and has seven plants in Germany, Spain, US and China
The company has a total employee base of 1,400 globally.
Eurofound (2017), PMG Sinter, Business expansion in Romania, factsheet number 91831, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91831.