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 Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16.23 - Manufacture Of Other Builders' Carpentry And Joinery
120 jobs Number of planned job losses
Announcement Date
20 May 2016
Employment effect (start)
20 May 2016
Foreseen end date
30 June 2016
Description
Wooden products manufacturer MTI Impex, the Romanian subsidiary of the French Group Lapeyre, announced the cut of all 120 jobs (permanent full-time positions) at the Ghimbav plant (Brasov county). The job losses, which are envisaged in the reorganisation plan announced on 20 May 2016, are expected to be implemented by the end of June 2016. The management of the group also announced the concentration of its production activities in France. The trade union has so far not reacted to the announcement.
Lapeyre is a French multinational group which has been operating in Romania since 2007.
Sources
20 May 2016: Ziarul Financiar
20 May 2016: adevarulfinanciar.ro
23 May 2016: Bursa.ro
Citation
Eurofound (2016), MTI Impex, Closure in Romania, factsheet number 87549, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87549.
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