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.
Stabilus Romania, the local subsidiary of German gas struts and dampers producer Stabilus, is to hire 200 workers for its factory located in Sanpetru, in Brasov County. The site already employs 1,000 people and produces car components for the automotive industry including BMW, Audi, and Porsche. Reportedly the company plans an investment program for 2016 worth 29 mil lei (approximately 6,5 mil euro).
Eurofound (2016), Stabilus Romania, Business expansion in Romania, factsheet number 86072, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86072.