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 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
110 jobs Number of planned job creations
Announcement Date
15 February 2017
Employment effect (start)
15 February 2017
Foreseen end date
31 December 2017
Description
Local subsidiary of German car cable producer Kromberg & Schubert has announced the creation of 110 new jobs for its factory in Nadab (Arad County). The new jobs are expected to be created by the end of 2017.
The company started operating in Romania in 2005 by opening plants in Nadab (Arad County), Timisoara (Timis County), Sibiu and Medias (Sibiu County).
In 2015, the company invested in extending the production capacity of the plant in Nadab and then 1,000 new jobs were created.
Sources
15 February 2017: Ziarul Financiar
Citation
Eurofound (2017), Kromberg & Schubert Romania, Business expansion in Romania, factsheet number 90274, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90274.
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