Restructuring events
European Restructuring Monitor (ERM)
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.
Electronic systems, sensors and controls manufacturing company Marquardt announced a business expansion for its research and development centre in Sibiu. The decision is expected to create 100 new job positions by the end of 2019. The roles include engineers and experts in innovative mechatronics, which can support the growth and the advancement of the company's innovative capacities.
The research and development centre in Sibiu was established in 2008 and currently has a workforce of 210. The group's Romanian subsidiary Marquardt Schaltsysteme SCS has been operating in Sibiu since 2006 with a local total workforce of 2,800 employees and two sites.
Eurofound (2019), Marquardt, Business expansion in Romania, factsheet number 98616, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98616.