CML Innovative Technologies

Type
Business expansion
Country
Romania
Region
Macroregiunea Unu; Centru; Sibiu
Location of affected unit(s)
Sibiu
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27.4 - Manufacture of lighting equipment
27.4 - Manufacture of lighting equipment
300 jobs
Number of planned job creations
Job creation
Announcement Date
7 March 2008
Employment effect (start)
1 May 2008
Foreseen end date
1 January 2010

Description

The American company CML Innovative Technologies, manufacturer of lighting components for autovehicles, has announced that it is to create approximately 100 new jobs by 2008 and another 200 jobs by 2010 through the opening of a new plant in Sibiu. Production at the new plant will start in May 2008. This business expansion is the result of transfer of equipments from other plants in France and the Czech Republic.

Sources

  • 10 March 2008: Ziarul Financiar

Citation

Eurofound (2008), CML Innovative Technologies, Business expansion in Romania, factsheet number 66398, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66398.