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.
Construction 42 - Civil engineering 42.2 - Construction of utility projects 42.21 - Construction of utility projects for fluids
311 jobs Number of planned job losses
Announcement Date
15 February 2012
Employment effect (start)
15 March 2012
Foreseen end date
Description
Hidroconstructia Raul Mare Retezat, a company specialized in hydro-technical construction, announced the intention to dismiss 311 employees in the coming weeks.
The company notified the County Employment Agency.
At present, the company located in Deva (Hunedoara county, West region) has 815 employees.
Sources
16 February 2012: replica
Citation
Eurofound (2012), Hidroconstructia Raul Mare Retezat, Internal restructuring in Romania, factsheet number 73108, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73108.