Restructuring events
European Restructuring Monitor (ERM)
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.
Rompetrol Downstream, the distribution company of KMG International which operates a network of 165 stations throughout Romania, is opening 100 jobs nationwide for young people aged 18-25 who are leaving the state placement system.
The project is part of the sustainability strategy of the company which aims to reduce inequalities by contributing to decent work and economic growth. The strategy is alligned with the UN Sustainable Development Goals 8 and 10 which aim to promote social inclusion and equal opportunities for vulnerable groups.
Currently the company employs a workforce of 463.
Eurofound (2022), Rompetrol Downstream, Business expansion in Romania, factsheet number 106172, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106172.