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 Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.11 - Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres
300 jobs Number of planned job creations
Announcement Date
14 January 2008
Employment effect (start)
Foreseen end date
31 December 2009
Description
Michelin, a French tyre maker, has announced that it is to create 300 new jobs in the next two years at its plant located at Floresti (Prahova County). This business expansion will require an investment of over EUR 220 million and allow the company to double its production capacity over the next two years. The plant employed 1.800 workers at the end of 2007.
Sources
15 January 2008: Ziarul Financiar
16 January 2008: Ziarul Financiar
Citation
Eurofound (2008), Michelin, Business expansion in Romania, factsheet number 66209, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66209.
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