EMCC European Monitoring Centre on Change

Yildiz Entegre

Company/Organisation:
Yildiz Entegre

Geographic Location

Country: Romania
Region: Arges; Sud
Location of affected unit(s): Oarja

Company

Sector: Manufacturing
Manufacture of wood and paper products, and printing
16.21 - Manufacture of veneer sheets and wood-based panels
Number Employed: 0
Group: Yildiz Entegre

Employment Effects

Announcement Date: 08-05-2017
Type of Restructuring: Business expansion
Employment Effect Start: 08-05-2017
Foreseen End Date: 31-12-2017
Planned Job Creation: 450

Additional Information

Turkish company Yildiz Entegre operating in forestry products sector is to create 450 new jobs at the new plant in Oarja (Arges County). The new jobs will be created by the end of 2017.

The new plant will produce MDF (Medium Density Fibreboard) used in the furniture industry. The company invested 150 million Euro in the new plant.

Yildiz Entegre exports to more than 50 countries and has a total employee base of over 2,000.