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
200 jobs Number of planned job creations
Announcement Date
4 January 2019
Employment effect (start)
4 January 2019
Foreseen end date
31 December 2019
Description
Sogefi Suspensions Eastern Europe has announced plans to create 200 new jobs in 2019 at its new production plant in Oradea (Bihor County). The company received RON 104 million (€22 million) from the Romanian state aid scheme for foreign investments. The total cost of the investment is about RON 255 million (€54 million).
As of January 2019, Sogefi Group operates in 23 countries worldwide employing 15,000 people. The most important clients of the Italian company are Ford, Renault, PSA and Fiat Chrysler.
7 January 2019: Ziarul Financiar (short version of the article) (www.zf.ro)
Citation
Eurofound (2019), Sogefi Suspensions Eastern Europe, Business expansion in Romania, factsheet number 96316, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96316.
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