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 - Land transport and transport via pipelines
6,380 jobs Number of planned job losses
Announcement Date
13 January 2010
Employment effect (start)
1 February 2010
Foreseen end date
1 April 2010
Description
State-owned rail freight company CFR Marfă has announced that it is to dismiss 6,380 employees between February and March 2010. The company has already notified the collective dismissals to the employment office. The restructuring is due to the economic difficulties of the company. With a total workforce of 17,000 employees, CFR Marfa controls 76% of the total volume of goods transported by railway in Romania.
The trade unions are opposed to the move, not least because the collective agreement does not provide for compensations in the event of layoffs. If the government does not allocate a sum for these payments, the workers will be made redundant without being paid.
Eurofound (2010), Societatea Naţională de Transport Feroviar de Marfă 'CFR Marfă', Internal restructuring in Romania, factsheet number 70098, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70098.
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