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.
Japanese Yazaki Component Technology, manufacturer of parts and accessories for the automotive industry, announced the intention to hire 100 people for its Arad factory in 2012. The new jobs are for maintenance technicians, design engineers and administrative positions.
This is the result of an investment of 5 Million Euros for business expansion.
At present, Yazaki has approximately 1,000 employees on the Arad site.
Eurofound (2012), Yazaki Component Techology Romania, Business expansion in Romania, factsheet number 73168, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73168.