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.
The German automotive and industrial supplier, Wielpütz Automotive, announced it will hire 500 workers at a new plant in Craiova plant (Dolj County) by 1 September 2018. The company is planning to invest €10 million into the new subassemblies plant, the construction of which will start in February this year.
The headquarters of the production and development site are in Hilden.
Craiova plant is the first plant of the company outside Germany.
Eurofound (2018), Wielpütz Automotive, Business expansion in Romania, factsheet number 93020, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/93020.
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