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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.13 - Manufacture of other pumps and compressors
80 jobs Number of planned job creations
Announcement Date
11 November 2013
Employment effect (start)
1 December 2013
Foreseen end date
1 March 2014
Description
Aversa Manufacturing, one of the leading manufacturers of centrifugal pumps in Eastern Europe, hires 80 more people after seven years without expending its workforce. Aversa continues to invest in infrastructure and modernization of its Bucharest plant in response to export demand. A €15 million investment took place this year to relocate its business and construct a new production facility of 25,000 square meters, including foundry and areas for processing, assembling, testing and offices. Project completion is scheduled for the next year, and in the new factory will work up to 480 people
Sources
11 November 2013: WebPR
Citation
Eurofound (2013), Aversa Manufacturing, Business expansion in Romania, factsheet number 76909, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76909.
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