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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
500 jobs Number of planned job creations
Announcement Date
2 July 2014
Employment effect (start)
21 July 2014
Foreseen end date
31 December 2014
Description
Sumitomo Electric, part of the Japanese Corporation, is to hire 500 employees for its new car wiring factory in Drobeta Turnu Severin. The number of employees is expected to reach 2,000 people over the next two years. The new factory will start its activities in autumn and will produce sub-assemblies for the automotive industry.
Sources
2 July 2014: Capital
4 July 2014: Digi 24
3 July 2014: Adevarul
Citation
Eurofound (2014), Sumitomo Electric, Business expansion in Romania, factsheet number 77450, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77450.
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