Type
Internal restructuring
Country
Romania
Region
Bucuresti; Bucuresti;
Location of affected unit(s)
Bucharest
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35 - Electricity, gas, steam and air conditioning supply

500 jobs
Number of planned job losses
Job loss
Announcement Date
16 February 2010
Employment effect (start)
Foreseen end date
31 December 2010

Description

State-owned company Electrocentrale Bucuresti is to cut 500 jobs in Bucarest in 2010. This measure is part of a restructuring programme promoted by the Ministry of Economy which involves 3,545 collective dismissals affecting various public companies (Compania Nationala a Huilei Petrosani, Termoelectrica Bucuresti, Electrocentrale Deva, Complexul Energetic Turceni, Complexul Energetic Rovinari, Societatea Nationala a Lignitului Oltenia). The dismissals are attributed to a need to reduce energy price.


Sources

  • 17 February 2010: Economistul

Citation

Eurofound (2010), Electrocentrale Bucureşti, Internal restructuring in Romania, factsheet number 70233, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70233.