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
250 jobs Number of planned job losses
Announcement Date
14 January 2006
Employment effect (start)
14 January 2006
Foreseen end date
Description
The deputy mayor of Galaţi (Sud-Est region, Galaţi county) made an official statement that steps were being taken to restructure several companies subordinated to the city hall.
The first company to undergo restructuring is Apă-Canal Galaţi, providing water supply and sewage services for the city.
Of the 1,150 employees in the company, 250 will have to be made redundant. The city hall declared it was waiting for a government decision allowing redundant employees to receive redundancy pay.
Sources
14 January 2006: Adevarul
Citation
Eurofound (2006), Apă-Canal Galaţi, Internal restructuring in Romania, factsheet number 63066, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63066.
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