Daewoo Mangalia Heavy Industries

Type
Business expansion
Country
Romania
Region
Macroregiunea Doi; Sud-Est; Constanţa
Location of affected unit(s)
Mangalia
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30 - Manufacture of other transport equipment
30 - Manufacture of other transport equipment
300 jobs
Number of planned job creations
Job creation
Announcement Date
25 March 2008
Employment effect (start)
1 April 2008
Foreseen end date
31 December 2008

Description

The South — Korean shipbuilding company Daewoo Mangalia Heavy Industries (Constanta county, South-East region) announced that in 2008 will hire approximately 300 workers from Asian countries. The decision is motivated by the migration of Romanian skilled workers and by the cost of Asian labour force, lower with 20-30% than the local workforce. The company currently employs 3,600, of which 68 are from Vietnam and 48 from China. The average gross monthly wage in the company is EUR 700.

Sources

  • 26 March 2008: Ziarul Financiar

Citation

Eurofound (2008), Daewoo Mangalia Heavy Industries, Business expansion in Romania, factsheet number 66422, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66422.