Type
Business expansion
Country
Romania
Region
Bucuresti;
Location of affected unit(s)
Romania
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35 - Electricity, gas, steam and air conditioning supply

1,500 jobs
Number of planned job creations
Job creation
Announcement Date
12 October 2007
Employment effect (start)
Foreseen end date
31 December 2010

Description

Romprest Romania announced investments of EUR 12 million for its new branch, Romprest Energy, where it will develop “waste-to-energy” projects (converting waste into energy by incineration) generating 1,500 new jobs in the next three years, in addition to the existent 3,500.

According to Romprest's Vice-president, the estimated turnover of the company in 2007 is EUR 24 million.


Sources

Citation

Eurofound (2007), Romprest Energy, Business expansion in Romania, factsheet number 65923, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65923.