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 Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.41 - Manufacture of ceramic household and ornamental articles
150 jobs Number of planned job creations
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77455.
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