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.
The US-based company Greenbrier announced the closure of the Astra Rail wagon factory in Arad, citing economic and logistical difficulties. 699 employees will be dismissed as the wagon plant in Arad will definitively shut down at the end of June. The announcement was confirmed by Arad County Agency Employment (AJOFM), which was notified on Monday of the collective redundancy of 699 employees out of a total of 777.
In Romania, Greenbrier still has two operational plants in Caracal (Olt County) and Drobeta Turnu Severin (Mehedinti County), which will take over current orders and where the company plans to continue investing.
Company officials also announced that they will work closely with trade unions and local authorities to support employees affected by the decision.
Eurofound (2025), Greenbrier, Closure in Romania, factsheet number 202618, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202618.