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.
Public Administration And Defence Public Administration And Defence; Compulsory Social Security Public Administration And Defence; Compulsory Social Security 84 - Public administration and defence; compulsory social security
600 jobs Number of planned job losses
Announcement Date
1 July 2011
Employment effect (start)
Foreseen end date
31 July 2011
Description
Road control service provider Compania Naţionala de Autostrăzi şi Drumuri Naţionale is to dismiss 600 employees in July 2011.
The job cuts are part of the measures negotiated and agreed with the International Monetary Fund (IMF) in order to decrease the state budget deficit. This will be partly achieved by restructuring state-owned companies.
Sources
1 July 2011: Ziarul Financiar
Citation
Eurofound (2011), Compania Naţionala de Autostrăzi şi Drumuri Naţionale, Internal restructuring in Romania, factsheet number 72217, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72217.
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