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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.4 - Manufacture of electric lighting equipment
300 jobs Number of planned job creations
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66398.
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