Sogefi Suspensions Eastern Europe

Type
Business expansion
Country
Romania
Region
Macroregiunea Unu; Nord-Vest; Bihor
Location of affected unit(s)
Oradea
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
200 jobs
Number of planned job creations
Job creation
Announcement Date
4 January 2019
Employment effect (start)
4 January 2019
Foreseen end date
31 December 2019

Description

Sogefi Suspensions Eastern Europe has announced plans to create 200 new jobs in 2019 at its new production plant in Oradea (Bihor County). The company received RON 104 million (€22 million) from the Romanian state aid scheme for foreign investments. The total cost of the investment is about RON 255 million (€54 million).

As of January 2019, Sogefi Group operates in 23 countries worldwide employing 15,000 people. The most important clients of the Italian company are Ford, Renault, PSA and Fiat Chrysler.

Sources

Citation

Eurofound (2019), Sogefi Suspensions Eastern Europe, Business expansion in Romania, factsheet number 96316, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96316.