Type
Business expansion
Country
Romania
Region
Macroregiunea Unu; Centru; Alba
Location of affected unit(s)
Cugir
Sector
(10 - 33) Manufacturing
(24 - 25) Manufacture of metals
25.3 - Manufacture of weapons and ammunition
25.30 - Manufacture of weapons and ammunition

574 jobs
Number of planned job creations
Job creation
Announcement Date
9 February 2012
Employment effect (start)
1 March 2012
Foreseen end date
31 December 2012

Description

Romanian manufacturer of weapons and ammunitions Cugir announced plans to hire approximately 574 new employees by the end of 2012.

The decision is motivated by the necessity to respond to an increase in market demand.

The Cugir factory (Alba county, Centre region) currently employs 655 people and is a part of the National Company ROMARM.


Sources

  • 10 February 2012: www.romanialiberia.ro
  • 25 June 2012: www.indaparare.ro

Citation

Eurofound (2012), Cugir, Business expansion in Romania, factsheet number 73092, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73092.