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.
The Romanian subsidiary of the German car component manufacturer, Preh, has announced the creation of 190 new jobs by the end of 2018 at its factory in Ghimbav, East-Central Romania. Established in 2008, the Ghimbav plant employs about 1,100 people. Most of the open positions are for electromechanical installers, unskilled workers, engineers, software programmers and car component assemblers.
Preh Romania produces electrical and electronic car components for Audi, Porsche, BMW and Daimler. The company invested €13 million in new production units in 2017 and expects to reach a total workforce of 1,400 employees by the end of 2019.
Eurofound (2018), Preh, Business expansion in Romania, factsheet number 93085, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93085.