EMCC European Monitoring Centre on Change

Star Transmission

Company/Organisation:
Star Transmission

Geographic Location

Country: Romania
Region: Alba; Centru
Location of affected unit(s): Sebes

Company

Sector: Manufacturing
Manufacture of transport equipment
29.32 - Manufacture of other parts and accessories for motor vehicles
Group: Daimler

Employment Effects

Announcement Date: 10-03-2016
Type of Restructuring: Business expansion
Employment Effect Start: 01-04-2016
Foreseen End Date: 31-12-2016
Planned Job Creation: 500

Additional Information

Star Transmission, the Romanian division of German-owned car group Daimler, has completed the construction of a new plant in Sebes (Alba) with an investment cost totaling some 300 million euro (USD 334.36mn). Some 500 new jobs are expected be created as a result of this business expansion. The new plant, which will officially open in April, will produce and assemble next-generation gearboxes for Mercedes-Benz cars. The long-term plan is to create 2,000 new jobs in Alba.