Cris-Tim

Type
Business expansion
Country
Romania
Region
Macroregiunea Trei; Bucureşti-Ilfov; Ilfov
Location of affected unit(s)
Mogosoaia (Bucharest Region)
Sector
Manufacturing
(10 - 11) Manufacture of food and beverage
10 - Manufacture of food products
10 - Manufacture of food products
200 jobs
Number of planned job creations
Job creation
Announcement Date
22 June 2006
Employment effect (start)
Foreseen end date

Description

The CRIS-TIM Group, leader of the meat products market in Romania with 2,800 employees at present, announced a new investment of EUR 4.97 million to build a logistic centre near Bucharest (Mogosoaia). The new centre, with 120 tons daily storage capacity became functional in June 2006 and will employ 200 people. The investment is part of a development programme with a target of 300 tons daily sales or a 30% value market share in 2010.

Sources

  • 23 June 2006: Economistul

Citation

Eurofound (2006), Cris-Tim, Business expansion in Romania, factsheet number 63664, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63664.