Restructuring events
European Restructuring Monitor (ERM)
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.
Leoni Wiring Systems Arad, subsidiary of the Leoni Group, is to create 500 jobs at its factory in Arad by the end of 2015. The company intends to fill 400 positions for production workers and 100 more for managerial staff. Leoni Group is a German manufacturer of electrical and electronic equipment for motor vehicles. It owns three factories in Romania, in Arad, Bistrita and Pitesti, with about 10,000 employees, which produce car parts for Volkswagen, BMW and Daimler.
Eurofound (2015), Leoni Wiring Systems Arad, Business expansion in Romania, factsheet number 83831, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/83831.