Type
Business expansion
Country
Romania
Region
Centru; Brasov;
Location of affected unit(s)
Brasov
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Construction Of Buildings
41.10 - Development of building projects

100 jobs
Number of planned job creations
Job creation
Announcement Date
4 February 2019
Employment effect (start)
4 February 2019
Foreseen end date

Description

Real estate developer Urban Invest has announced the creation of 100 new jobs in Brasov. The company’s new employees will be Indian workers, who have worked on the most important real estate projects in Dubai. Urban Invest has turned to India’s labour force, as there is a shortage of qualified staff inside the country. The new employees will work on the construction of a new residential complex on an area of 10 hectares, which will include about 2,000 apartments as well as numerous integrated facilities.


Sources

Citation

Eurofound (2019), Urban Invest, Business expansion in Romania, factsheet number 96646, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96646.