Faurecia

Type
Business expansion
Country
Romania
Region
Macroregiunea Trei; Sud-Muntenia; Argeş
Location of affected unit(s)
Catesca
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
13.9 - Manufacture of other textiles
13.96 - Manufacture of other technical and industrial textiles
530 jobs
Number of planned job creations
Job creation
Announcement Date
29 March 2017
Employment effect (start)
29 March 2017
Foreseen end date
1 January 2020

Description

French car component manufacturer Faurecia is to create over 530 jobs at its new car upholstery factory in Cateasca, southern Romania.The new factory was opened on 29 March 2017 and it now employs 370 people. Faurecia invested 8 mil Euro in this new factory.

The company has another four factories in Romania and a total employee base of 3,300. Its first factory was opened in 2003.

Sources

  • 29 March 2017: Ziarul Financiar
  • 29 March 2017: digi24.ro
  • 29 March 2017: capital.ro
  • 29 March 2017: Bursa.ro

Citation

Eurofound (2017), Faurecia, Business expansion in Romania, factsheet number 90616, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90616.