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 (13 - 15) Manufacture of textiles, apparel and leather 14 - Manufacture of wearing apparel 14 - Manufacture of wearing apparel
150 jobs Number of planned job creations
Announcement Date
28 April 2006
Employment effect (start)
27 April 2006
Foreseen end date
Description
Textile producer Platanus from Baraolt, Covasna invested EUR 1.2 million in a new plant for blazer manufacturing. As result the number of employees increased from 100 to 200-250. The majority of Platanus' capital is held by a German investor.
Sources
28 April 2006: Ziarul Financiar
Citation
Eurofound (2006), Platanus, Business expansion in Romania, factsheet number 63405, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63405.