Type
Internal restructuring
Country
Romania
Region
Nord-Vest; Bistrita-Nasaud;
Location of affected unit(s)
Bistriţa, Bistrita-Năsăud county, North West region
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

300 jobs
Number of planned job losses
Job loss
Announcement Date
21 September 2009
Employment effect (start)
1 October 2009
Foreseen end date

Description

RAAL Bistrita, manufacturer of parts and accessories for motor vehicles, announced the dismissal of 300 of 1,400 employees. This measure is motivated by the decrease of market demand and diminishing of the turnover by 30% as compared to the same period from 2008.


Sources

  • 22 September 2009: Ziarul Financiar

Citation

Eurofound (2009), RAAL, Internal restructuring in Romania, factsheet number 69596, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69596.