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 Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16.21 - Manufacture of veneer sheets and wood-based panels
500 jobs Number of planned job creations
Announcement Date
7 October 2009
Employment effect (start)
1 November 2009
Foreseen end date
Description
The manufacturer of wood products Kronospan Romania, part of the Austrian group Kronospan, has announced the creation of 500 jobs at the new site in Brasov. The new jobs are the result of a new investment of 200 million euro. In 2008, the other two units of the group located in Brasov employed 250 people and the total turnover was of 43 million euro.
Sources
8 October 2009: Ziarul Financiar
Citation
Eurofound (2009), Kronospan Romania, Business expansion in Romania, factsheet number 69752, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69752.
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