Type
Internal restructuring
Country
Romania
Region
Nord-Est; Bacau;
Location of affected unit(s)
Bacau
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35.30 - Steam and air conditioning supply

104 jobs
Number of planned job losses
Job loss
Announcement Date
21 August 2013
Employment effect (start)
1 September 2013
Foreseen end date

Description

Centrala Electrica de Termoficare Bacau provider of thermal energy is to cut 104 jobs by the end of 2013.

The job reduction measure is part of a restructuring plan referring to 300 job cuts approved in July 2013 comprised out of 3 phases: in July 2013 (104 employees), May-July 2014 (100 employees) and in 2015 (100 employees).

The first restructuring phase was postponed until the end of 2013.

In present the company has 575 employees.


Sources

  • 21 August 2013: Ziarul Financiar

Citation

Eurofound (2013), Centrala Electrica de Termoficare Bacau, Internal restructuring in Romania, factsheet number 75796, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75796.