Ipec

Type
Business expansion
Country
Romania
Region
Macroregiunea Unu; Centru; Alba
Location of affected unit(s)
Alba Iulia
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.4 - Manufacture of other porcelain and ceramic products
23.41 - Manufacture of ceramic household and ornamental articles
150 jobs
Number of planned job creations
Job creation
Announcement Date
4 July 2014
Employment effect (start)
4 July 2014
Foreseen end date
31 December 2014

Description

Ipec will inaugurate its sixth factory of porcelain housewares by the end of 2014 and will create over 150 jobs in Alba Iulia. As reported, its new €8 million investment will lead to an increase in production capacity and implicitly to a gorwth of its turnover by over a third. The aim is to preserve the company among the top ten global manufacturers in the field.

Sources

  • 4 July 2014: Adevarul
  • 4 July 2014: Ziarul Financiar

Citation

Eurofound (2014), Ipec, Business expansion in Romania, factsheet number 77455, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77455.