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 (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
120 jobs Number of planned job creations
Announcement Date
22 April 2010
Employment effect (start)
Foreseen end date
1 July 2011
Description
Popeci Utilaj Greu Craiova, a producer of machinery and equipments for the steel and woodworking industries, announced the creation of 120 jobs by July 2011. The job creation was the condition to receive EU subsidies worth 5 million euro for the modernization of the facility.
Sources
23 April 2010: Ziarul Financiar
Citation
Eurofound (2010), Popeci Utilaj Greu, Business expansion in Romania, factsheet number 70474, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70474.