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.
(10 - 33) Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 26.5 - Manufacture of measuring testing instruments, clocks and watches 26.51 - Manufacture of instruments and appliances for measuring, testing and navigation
150 jobs Number of planned job creations
Announcement Date
20 August 2018
Employment effect (start)
Foreseen end date
Description
The Finnish manufacturer of electronic components Murata Electronics, part of Japanese Murata Manufacturing group, is expanding its business in Finland. The company invests €42 million in the expansion of its production capacity in Vantaa. A new production building of approximately 16,000 square meters will be constructed by the end of 2019. The company is planning to hire some 150-200 new employees to the factory during 2018-2019.
According to the company, the global demand for MEMS sensors, used in applications such as car safety and pacemakers, is expected to grow.
Murata Electronics had 894 employees in 2017.
Sources
Citation
Eurofound (2018), Murata Electronics, Business expansion in Finland, factsheet number 94796, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/94796.
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