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.
Calsonic Kansei Europe, supplier of heat exchange, air conditioning, exhaust, interior, and electronic automotive components, announced the opening of a new plant by 2020, which will create 300 new jobs near Ploiesti (Prahova County), 60 km north of Romania’s capital, Bucharest. The construction of the new plant will start in 2018 and the company will invest €30 million. The company established a plant in Romania in 2006 as the direct subsidiary of the Japanese Calsonic Kansei Corporation and later came under the management of the European region. The first Ploiesti plant is primarily engaged in the manufacture of heat exchange and air conditioning products for clients in Eastern Europe. Currently the plant has 561 employees, according to data provided by the Ministry of Finance.
Negations and discussions commenced in May 2017 between the Ministry for the Business, Commerce and Entrepreneurship Environment and Japanese investors for a possible new plant in Romania. In October 2017, the negotiations were finalized for the construction of the new plant in 2018.
As a subsidiary of the Calsonic Kansei Corporation (a global automotive group with headquarters in Japan), Calsonic Kansei Europe is part of a network of 62 operations in over 16 countries including Japan, China, Thailand, India, US, Mexico and Brazil.
The total global workforce is 22,000.
Eurofound (2017), Calsonic Kansei, Business expansion in Romania, factsheet number 92338, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/92338.