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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.32 - Manufacture of other parts and accessories for motor vehicles
180 jobs Number of planned job creations
Announcement Date
24 January 2018
Employment effect (start)
24 January 2018
Foreseen end date
31 December 2018
Description
Local subsidiary of Swedish car safety systems manufacturer Autoliv is to hire 180 people in 2018 in all six plants in Romania. The company currently employs 11,300 people across its plants in Lugoj, Brasov, Resita, Prejmer, Sfantu Gheorghe and Onesti, and its research and development (R&D) centres in Timisoara, Brasov and Iasi.
In 2017, the company announced the opening of new research and development (R&D) in Iasi where 200 new jobs were created.
Autoliv opened its first plant in 1997 in Brasov and it produces car safety systems.
Sources
24 January 2018: Ziarul Financiar
25 January 2018: bizbrasov.ro
Citation
Eurofound (2018), Autoliv, Business expansion in Romania, factsheet number 93158, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93158.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...