Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Complexul Energetic Oltenia (CEO), an important state-owned energy company, will dismiss over 154 employees by the end of January 2026 at its subsidiary Minprest Serv. Minprest Serv provides services such as maintenance, technical assistance, upkeep, and repairs of railway lines, interior cleaning, and maintenance of heating systems. The dismissed employees are from all the services provided by Minprest Serv to CEO.
Representatives of the Alfa Minprest Free Trade Union announced that, starting with January, the management of Minprest Serv has been officially notified about the intention of CEO to issue 102 notices of termination, with another 52 individual employment contracts to be terminated. In addition, the trade union commented that social dialogue was treated superficially, even though clear and realistic solutions were proposed to reduce the number of layoffs.
The director of the Gorj County Employment Agency explained that the main reason for the layoffs is starting with 2026, the CEO will discontinue some of the services provided by Minprest. The measure is also part of the restructuring plan of the Complexul Energetic Oltenia, which involves the closure of some mining quarries and cost cutting.
Currently, Minprest Serv has a workforce of 1,003 people.
Eurofound (2026), Minprest Serv, Internal restructuring in Romania, factsheet number 203958, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203958.