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 29.3 - Manufacture of parts and accessories for motor vehicles
250 jobs Number of planned job creations
Announcement Date
2 August 2017
Employment effect (start)
2 August 2017
Foreseen end date
31 December 2019
Description
Canadian company Litens Automotive, provider of engineering solutions for the car industry, announced its intention to hire 250 employees by 2019. The new jobs are available at the Giarmata plant (Timis County) which will open in the autumn of 2017. The construction of the Giarmata plant started at the beginning of 2017 and is the second plant the company has opened in Europe.
Litens was founded in 1979 and has plants in Canada, Germany, Brazil, China, Japan, India, England, Italy and South Korea.
The company has 150 guaranteed patents with a total employee base of 2,000.
Sources
2 August 2017: Profit.ro
2 August 2017: ziuadevest.ro
3 August 2017: Romania Insider
3 August 2017: Romania Journal
Citation
Eurofound (2017), Litens Automotive, Business expansion in Romania, factsheet number 91682, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91682.
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