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.

Sources:

04-04-2014Wall-Street.ro
15-05-2015digi24.ro
16-05-2015Wall-Street.ro
10-03-2016Ziarul Financiar

Sources Links:

http://www.wall-street.ro/articol/Auto/164153/daimler-va-fabrica-cutii-de-viteze-automate-cu-9-trepte-in-romania-din-2016.html#ixzz42WDVmSlW

http://www.digi24.ro/Stiri/Digi24/Actualitate/Social/Daimler+deschide+o+noua+fabrica+la+Sebes

http://www.wall-street.ro/articol/Auto/183824/daimler-va-incepe-in-2016-productia-in-fabrica-din-sebes-500-de-persoane-vor-fi-angajate.html#ixzz42WEemBAo

http://www.zf.ro/auto/noua-fabrica-de-cutii-de-viteze-din-sebes-a-germanilor-de-la-daimler-a-creat-500-de-locuri-de-munca-15102929