Location of affected unit(s):
Arad and Curtici (Vest region, Arad county)
Manufacture of electrical equipment
27.4 - Manufacture of electric lighting equipment
Type of Restructuring:
Foreseen End Date:
Planned Job Creation:
The Austrian group Zumtobel intends to set up a factory manufacturing lighting equipment and electric lamps in the CurticiArad Free Zone (Vest region, Arad County).
The project will be carried out in several stages, with 5 million initially invested in building the factory. Zumtobel will secure a concession of 4.5 hectares for the project. The factory will be finalised by the end of 2006 but investments will continue over the following two-three years so that the total value of the project will exceed 20 million, the free zone representative specified. In addition to lighting equipment, the factory will also manufacture other electrical systems. The project will create about 100 jobs and the products will be sold mainly in Western Europe as well as locally.
The Austrian Group Zumtobel has production units in almost 100 countries across Europe, North America, Australia and Asia and is one of the few global players on the lighting equipment market.