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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.02 - Computer consultancy activities
200 jobs Number of planned job creations
Announcement Date
25 November 2013
Employment effect (start)
Foreseen end date
31 December 2018
Description
Huawei Technologies, a leading global ICT solutions provider, plans to invest Euro 100 million in Romania and create 200 more jobs by 2018. The expansion of its global service centre in Bucharest is seen by the Chinese manufacturer as a component of the Memorandum of Understanding, signed in November 2013 between the Romanian Government and Huawei Technologies Co. Ltd.
Huawei subsidiary in Romania began its operations in 2003, and in 2013 applied for state aid of 6 million euros. Its intentions are to increase, by 2018, the number of employees from 800 to about 1,000, of whom 70% Romanians.
Sources
21 March 2014: Adevarul
25 November 2013: Hotnews
Citation
Eurofound (2013), Huawei Romania, Business expansion in Romania, factsheet number 76877, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76877.
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