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.
Manufacturing (13 - 15) Manufacture of textiles, apparel and leather 14 - Manufacture of wearing apparel 14 - Manufacture of wearing apparel
2,500 jobs Number of planned job creations
Announcement Date
29 June 2007
Employment effect (start)
Foreseen end date
31 December 2008
Description
Cozamin Galati, a company that manufactures clothes announced an investment of EUR 7 million into a new plant that will be finalised in approximately one year and a half and will generate 2,500 new jobs.
Since 1993 the company is producing clothes for export. At present the company has 500 employees and has reported a turnover of EUR 3 million for 2006.
Eurofound (2007), Cozamin, Business expansion in Romania, factsheet number 65571, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65571.