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 (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
400 jobs Number of planned job creations
Announcement Date
24 August 2009
Employment effect (start)
Foreseen end date
31 August 2011
Description
Preh, the German producer of electric and electronic components for vehicles, announced the opening of a new plant at Brasov, which will hire 400 persons over the next two years.The investment was of approximately 3 million euro and for 2010 the target turnover is 20 million euro. In 2008, Preh group reported a global turnover of 300 million euro.
Sources
27 August 2009: Ziarul Financiar
Citation
Eurofound (2009), Preh Romania, Business expansion in Romania, factsheet number 69455, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69455.