Type
Internal restructuring
Country
Romania
Region
Sud; Prahova;
Location of affected unit(s)
Brazi (Sud region, Prahova county)
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25 - Manufacture of fabricated metal products, except machinery and equipment

100 jobs
Number of planned job losses
Job loss
Announcement Date
17 January 2006
Employment effect (start)
17 January 2006
Foreseen end date
31 January 2006

Description

The company Rafiserv Petrobrazi in Brazi (Sud region, Prahova county) cut 100 jobs in January 2006.

Rafiserv Petrobrazi is a service provider for oil processing factories, including execution, assembly, maintenance and repairs of electrical, mechanical and automation equipment and installations, as well as civil and industrial constructions.

Rafiserv Petrobrazi was established at the start of 2003 as a result of outsourcing the maintenance and repairs services of Petrobrazi refinery formerly part of the Petrom structure (the largest oil and gas company in Romania). Since the establishment of Rafiserv Petrobrazi, Petrom has remained the major beneficiary of its services (over 95%).


Sources

  • 17 January 2006: Adevarul

Citation

Eurofound (2006), Rafiserv Petrobrazi, Internal restructuring in Romania, factsheet number 63061, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63061.