EMCC European Monitoring Centre on Change

Urban Invest

Urban Invest

Geographic Location

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


Sector: Construction
41.10 - Development of building projects

Employment Effects

Announcement Date: 04-02-2019
Type of Restructuring: Business expansion
Employment Effect Start: 04-02-2019
Planned Job Creation: 100

Additional Information

Real estate developer Urban Invest has announced the creation of 100 new jobs in Brasov. The company’s new employees will be Indian workers, who have worked on the most important real estate projects in Dubai. Urban Invest has turned to India’s labour force, as there is a shortage of qualified staff inside the country. The new employees will work on the construction of a new residential complex on an area of 10 hectares, which will include about 2,000 apartments as well as numerous integrated facilities.