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.
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
240 jobs Number of planned job losses
Announcement Date
1 April 2013
Employment effect (start)
Foreseen end date
15 May 2013
Description
Romanian producer of bearings Rulmenti Barlad, member of Turkish group Kombassan, is to cut 250 jobs. The restructuring is to take place by mid-May 2013 in response to the negative economic climate and reduced orders. The company employed a total of 2,300 people at the start of 2013. For previously reported restructuring events, see Rulmenti Barlad-2010 and Rulmenti Barlad-2009.
Updated, 14/05/13: As announced the job cuts were 240.
Sources
14 May 2013: Ziarul Financiar
1 April 2013: Mediafax
Citation
Eurofound (2013), Rulmenti Barlad, Internal restructuring in Romania, factsheet number 75454, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75454.
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