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.
German global automotive and industrial supplier Schaeffler Technologies AG & Co. KG will hire 150 persons at Cristian plant (Brasov County) by the end of 2018. The company is planning to invest €39 million into constructing two new productions halls. The two new halls will support logistics and the development and research units. In 2012, the company inaugurated its own engineering centre in Cristian.
Schaeffler entered the Romanian market in 2006 and has 4,400 employees at the Cristian plant.
Globally, the company has 84,000 employees.
Eurofound (2017), Schaeffler Romania, Business expansion in Romania, factsheet number 92626, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/92626.