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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13.92 - Manufacture of made-up textile articles, except apparel
334 - 394 jobs Number of planned job losses
Announcement Date
8 March 2017
Employment effect (start)
1 May 2017
Foreseen end date
31 December 2017
Description
British textile manufacturer Alison Hayes has announced the closure of its plant in Urziceni which will result in the loss of all 394 jobs (permanent full-time positions). The Urziceni plant will be closed by early May 2017. The company also announced that some 60 workers, supervisors, managers and administrative staff, who are currently employed in Urziceni, will be relocated to the plant in Buzau.
The closure of the plant is mainly attributed to the increase in minimum wages, the poor infrastructure in the area and the weakening of the pound following Brexit.The trade union has so far not reacted to the announcement. According to media reports, needlewomen and seamstresses employed in Urziceni plant receive a gross salary of RON 1,800 — 2,000.
Alison Hayes has 1,339 employees in Romania, of whom 394 employed in Urziceni, 669 in Buzau and 276 in the administrative divisions of the company. The Urziceni plant, which is set to close, was established in 1994.
Sources
8 March 2017: Ziarul Financiar
8 March 2017: Profit.ro
8 March 2017: romaniajournal.ro
Citation
Eurofound (2017), Alison Hayes, Closure in Romania, factsheet number 90496, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90496.
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