Type
Business expansion
Country
Romania
Region
Bucuresti; Bucuresti;
Location of affected unit(s)
Bucuresti
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25.1 - Manufacture of structural metal products

150 jobs
Number of planned job creations
Job creation
Announcement Date
14 November 2018
Employment effect (start)
14 November 2018
Foreseen end date
31 December 2019

Description

Finish manufacturing company, Peikko, has announced the acquisition of a factory on a site covering 90,000 square metres near Bucharest. The production will commence on the first quarter of 2019, resulting in the creation of 50 jobs and 100 more will be added by the end of the year. The company is looking for specialists in the field of construction, including engineers and welders for steel processing.  As of November 2018, Peikko operates in 8 countries worldwide employing 1,800 people.


Sources

Citation

Eurofound (2018), Peikko, Business expansion in Romania, factsheet number 95819, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95819.