Type
Business expansion
Country
Romania
Region
Vest; Arad;
Location of affected unit(s)
Arad
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.31 - Manufacture of electrical and electronic equipment for motor vehicles

500 jobs
Number of planned job creations
Job creation
Announcement Date
22 April 2015
Employment effect (start)
22 April 2015
Foreseen end date
31 December 2015

Description

Leoni Wiring Systems Arad, subsidiary of the Leoni Group, is to create 500 jobs at its factory in Arad by the end of 2015. The company intends to fill 400 positions for production workers and 100 more for managerial staff. Leoni Group is a German manufacturer of electrical and electronic equipment for motor vehicles. It owns three factories in Romania, in Arad, Bistrita and Pitesti, with about 10,000 employees, which produce car parts for Volkswagen, BMW and Daimler.


Sources

  • 22 April 2015: Adevarul
  • 22 April 2015: Ziarul Financiar

Citation

Eurofound (2015), Leoni Wiring Systems Arad, Business expansion in Romania, factsheet number 83831, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83831.