Complexul Energetic Hunedoara

Type
Internal restructuring
Country
Romania
Region
Macroregiunea Patru; Vest;
Location of affected unit(s)
Mintia, Paroseni, Valea Jiului
Sector
Electricity
35 - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
300 - 350 jobs
Number of planned job losses
Job loss
Announcement Date
16 July 2014
Employment effect (start)
Foreseen end date
31 December 2014

Description

Complexul Energetic Hunedoara (CEH), an important national power producer, announced that intends to cut 300-350 jobs in the last quarter of 2014. The company is undergoing a restructuring process. According to the sources, those who will be fired are mainly employees that meet the retirement criteria. They will receive severance payments. The employees affected are mostly based in Mintia and Paroşeni steam power plants and Valea Jiului hard coal-mining company.

Sources

  • 17 July 2014: Glasul Hunedoarei
  • 16 July 2014: Agerpres

Citation

Eurofound (2014), Complexul Energetic Hunedoara, Internal restructuring in Romania, factsheet number 77788, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77788.