EMCC European Monitoring Centre on Change

Walter Tosto Romania

Company/Organisation:
Walter Tosto Romania

Geographic Location

Country: Romania
Region: Bucuresti; Bucuresti
Location of affected unit(s): Bucharest

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
25.11 - Manufacture of metal structures and parts of structures
Group: Walter Tosto

Employment Effects

Announcement Date: 19-06-2012
Type of Restructuring: Business expansion
Foreseen End Date: 31-12-2013
Planned Job Creation: 160

Additional Information

An Italian company Walter Tosto, manufacturer of metal structures (equipment for the nuclear energy sector) announced intention to create from 160 to 200 new jobs by the end of 2013 in its unit in Bucharest, Romania.

The expansion is the result of a substantial financial investments made in the former IMGB company located in Bucharest.