EMCC European Monitoring Centre on Change

Connectronics

Company/Organisation:
Connectronics

Geographic Location

Country: Romania
Region: Bihor; Nord-Vest
Location of affected unit(s): Bors, Bihor county, North-West region

Company

Sector: Manufacturing
Manufacture of electrical equipment
27 - Manufacture of electrical equipment
Number Employed: 430
Group: H.Essers

Employment Effects

Announcement Date: 18-04-2007
Type of Restructuring: Business expansion
Employment Effect Start: 20-11-2007
Planned Job Creation: 1000

Additional Information

Connect Systems component of the Belgian Group H. Essers announced the intention to invest EUR 5 million for a new Connectronics Romania production unit for electrical cables. According with the company representatives statements in the new Bors (Bihor county, North-West region) location will be hired new 1,000 persons, in addition to 430 employees in present.