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.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Beverages 11.07 - Manufacture of soft drinks; production of mineral waters and other bottled waters
500 jobs Number of planned job losses
Announcement Date
20 June 2008
Employment effect (start)
23 June 2008
Foreseen end date
Description
Coca Cola HBC Romania, producer of soft drinks, announced the loss of 500 jobs in the distribution to specialised companies, as a result of the outsourcing of related activities to Aquila, OTZ and Semprest.These companies will cover six counties in Romania where Coca-Cola has its own distribution and storage network. Coca Cola Romania currently employs 2,800 and the estimated turnover for 2008 is over EUR 450 million.
Sources
23 June 2008: Ziarul Financiar
24 June 2008: Ziarul Financiar
Citation
Eurofound (2008), Coca- Cola, Outsourcing in Romania, factsheet number 66788, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66788.
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