Type
Business expansion
Country
Italy
Region
Nord Est; Emilia-Romagna; Modena
Location of affected unit(s)
Sector
Administrative Services
Rental And Leasing Activities
Rental And Leasing Of Other Machinery, Equipment And Tangible Goods
77.32 - Rental and leasing of construction and civil engineering machinery and equipment

150 jobs
Number of planned job creations
Job creation
Announcement Date
5 March 2022
Employment effect (start)
29 June 2022
Foreseen end date
31 December 2022

Description

CNH Industrial, an American-Italian, multinational corporation controlled by the multinational investment company Exor, which operates in various businesses, such as designing, producing, and selling agricultural machinery and construction equipment will hire 150 engineers. The company will open a new Research Centre in Modena in October, which will have a new virtual simulator for tractor testing. The 150 new positions opened will be mainly electronic and mechanical engineers.

In Modena, the company invests 100 million of the 240 million in research and development in the Emea region every year. In the centre, which employs around 1,000 people, out of which 600 engineers. 


Sources

Citation

Eurofound (2022), Cnh Industrial, Business expansion in Italy, factsheet number 107076, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107076.