Type
Business expansion
Country
Romania
Region
Sud; Arges;
Location of affected unit(s)
Mioveni, Arges county, South region
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29 - Manufacture of motor vehicles, trailers and semi-trailers

3,600 jobs
Number of planned job creations
Job creation
Announcement Date
4 February 2008
Employment effect (start)
5 February 2008
Foreseen end date
31 December 2009

Description

Automobile Dacia, which is part of the Renault-Nissan group, is to create 3,600 new jobs (3,000 management posts and 600 production posts) in the next two years with the launch of two new models of vehicles (pick-up and hatchback) at its site in Mioveni. The production capacity is expected to increase from 215,000 in 2007 to 400,000 units/year in the next two years. The group invested in 2007 EUR 250 million and announced for 2008 new investments amounting to EUR 300 million.


Sources

  • 5 February 2008: Ziarul Financiar
  • 27 March 2006: Economistul

Citation

Eurofound (2008), Automobile Dacia, Business expansion in Romania, factsheet number 63236, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63236.