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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.32 - Manufacture of other parts and accessories for motor vehicles
150 jobs Number of planned job creations
Announcement Date
6 October 2016
Employment effect (start)
6 October 2016
Foreseen end date
31 December 2016
Description
German exhaust systems manufacturer Eberspächer group has announced the opening of a new plant in Oradea (Bihor County), where up to 150 jobs will be created by the end of 2016. The plant will produce catalysts and mufflers for European car manufacturers. The plan is to increase the workforce to 650 by the time the plant reaches full capacity, expected in 2020.
According to the management the reasons for investing in Oradea is the access to well-trained and highly qualified local technicians and engineers as well as excellent logistic connections to main traffic routes to European customers.
Sources
6 October 2016: capital.ro
6 October 2016: infooradea.ro
6 October 2016: thediplomat.ro
Citation
Eurofound (2016), Eberspächer, Business expansion in Romania, factsheet number 88786, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88786.
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