EMCC European Monitoring Centre on Change

Akim Metal

Company/Organisation:
Akim Metal

Geographic Location

Country: Romania
Region: Dambovita; Sud
Location of affected unit(s): Vacaresti

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28.2 - Manufacture of other general-purpose machinery
Group: Akim Metal

Employment Effects

Announcement Date: 14-12-2017
Type of Restructuring: Business expansion
Foreseen End Date: 31-07-2018
Planned Job Creation: 900

Additional Information

Turkish household appliances manufacturer, Akim Metal, announced it will open its first plant in Romania by July 2018, thereby creating 900 new jobs in Vacaresti (Dambovita County). The company will invest €100 million into the construction of the new plant, which is due to start in 2018. The Vacaresti plant will produce washing machines.

The company was established in 1973 and has eight plants in Turkey.