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.
Utilities Water Supply; Sewerage, Waste Management And Remediation Activities Water Collection, Treatment And Supply 36 - Water collection, treatment and supply
100 jobs Number of planned job losses
Announcement Date
22 June 2005
Employment effect (start)
22 June 2005
Foreseen end date
Description
On 23 June 2005, the government voted Decision no. 588, stipulating the redundancy of 100 employees at Regia Autonoma de Interes Local Hunedoara (Vest region).
Redundant employees will benefit from social security measures, according to the company restructuring and reorganisation programme.
Regia Autonoma de Interes Local Hunedoara is a company with a wholly-owned state capital, providing a wide range of services for the local community: collection, purification and distribution of water, steam and hot water supply, sanitation and waste disposal, etc.
The restructuring programme, stipulating the redundancy of the 100 employees, was approved by trade unions and the Local Council of the city of Hunedoara. The programme sets out measures of organisational, technical, economic, financial and social restructuring by outsourcing certain activities based on public-private partnership contracting.
Eurofound (2005), Regia Autonomă de Interes Local Hunedoara, Internal restructuring in Romania, factsheet number 61848, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61848.
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