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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.2 - Manufacture of other general-purpose machinery
900 jobs Number of planned job creations
Announcement Date
14 December 2017
Employment effect (start)
Foreseen end date
31 July 2018
Description
Turkish household appliances manufacturer, Akim Metal, announced it will open its first plant in Romania by July 2018, thereby creating 900 new jobs in Vacaresti (Dambovita County). The company will invest €100 million into the construction of the new plant, which is due to start in 2018. The Vacaresti plant will produce washing machines.
The company was established in 1973 and has eight plants in Turkey.
Sources
14 December 2017: gazetadambovitei.ro
18 December 2017: Ziarul Financiar
18 December 2017: Profit.ro
18 December 2017: angajatorulmeu.ro
Citation
Eurofound (2017), Akim Metal, Business expansion in Romania, factsheet number 92846, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92846.
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