Arctic

Type
Business expansion
Country
Romania
Region
Macroregiunea Trei; Sud-Muntenia; Dâmboviţa
Location of affected unit(s)
Gaesti
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27.5 - Manufacture of domestic appliances
27.51 - Manufacture of electric domestic appliances
200 jobs
Number of planned job creations
Job creation
Announcement Date
3 November 2014
Employment effect (start)
Foreseen end date
31 January 2015

Description

Arctic, a Romanian household appliances producer, announced plans to create 200 jobs in January 2015, as result of a new production line at its Gaesti plant (Dambovita county).

As announced, the business expansion plans will generate more job opportunities; the company intends to offer by January 2018 a total of 572 new positions.

Sources

  • 3 November 2014: Ziarul Financiar

Citation

Eurofound (2014), Arctic, Business expansion in Romania, factsheet number 77791, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77791.