So far about 100 people have been hired for the plant in that city, which makes components for photovoltaic panels. The Emerson Oradea campus will include both manufacturing and support operations for Control Techniques and Leroy Somer and the total investment will reach EUR80 million by 2022, the company said.
Emerson entered Romania in 2006 and its most important step in the development of its local operations was the opening of the plant in the Tetarom II industrial park in Cluj that year, which is currently employing more than 2,000 people.
“We started manufacturing operations in Oradea last month and hired about 100 people, but we still have some 30 jobs available. Emerson will invest about EUR80 million in the facility in Oradea by 2022,” Emerson Romania officials told ZF Transilvania.
Emerson SRL based in Cluj-Napoca posted 546.3 million lei (EUR123 million) revenue and RON15.7 million net profit last year, when it had 2,160 employees on average, according to Finance Ministry data. (EUR1=RON4.4459)
(English version by Loredana Fratila-Cristescu)