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.
Transportation / Storage Land, Water And Air Transportation Land Transport And Transport Via Pipelines 49.3 - Other passenger land transport
212 jobs Number of planned job losses
Announcement Date
14 February 2006
Employment effect (start)
14 February 2006
Foreseen end date
Description
Regia Autonomă de Transport Craiova (Craiova, Dolj county, Sud-Vest region) will leave 212 employees without jobs.
The company provides public transport in Craiova and is subordinated to the local city council. Currently, Regia Autonomă de Transport Craiova is undergoing a restructuring process.
On 3 February 2006, the Government passed Government Decision no. 142, whereby redundant employees are granted redundancy pay depending on length of service according to Emergency Ordinance no. 8 of 2003.
Eurofound (2006), Regia Autonomă de Transport Craiova, Internal restructuring in Romania, factsheet number 63060, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63060.
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