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.
Mining / Quarrying Mining And Quarrying Mining Of Coal And Lignite 05.10 - Mining of hard coal
256 jobs Number of planned job losses
Announcement Date
15 July 2014
Employment effect (start)
Foreseen end date
1 September 2014
Description
Societatea Naţională de Inchideri Mine Valea Jiului (SNIMVJ), the main hard coal-mining company, is to dismiss 256 employees, starting Sept 1st 2014. Beginning from August 1st, the employees will receive a 20 working days legal notice, and from September 1st they will exit the system. Some of the listed employees meet the retirement criteria, while the others will receive severance payments starting September 15th. A total of 79 miners come from Petrila mine, 95 from Paroşeni mine and 75 from Uricani exploitation. Seven of the workers are part of the technical apparatus of SNIMVJ.
SNIMVJ, a Romanian state owned company, is implementing a programme of closing unprofitable coal mines by 2018.
Sources
15 July 2014: Bizenergy
29 July 2014: ZVJ
Citation
Eurofound (2014), Societatea Naţională de Închideri Mine Valea Jiului, Internal restructuring in Romania, factsheet number 77454, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77454.
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