Restructuring events
European Restructuring Monitor (ERM)
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.
Romanian manufacturer of weapons and ammunitions Cugir announced plans to hire approximately 574 new employees by the end of 2012.
The decision is motivated by the necessity to respond to an increase in market demand.
The Cugir factory (Alba county, Centre region) currently employs 655 people and is a part of the National Company ROMARM.
Eurofound (2012), Cugir, Business expansion in Romania, factsheet number 73092, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73092.