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.
In 2005, 200 employees will be made redundant at Salrom (Bucureşti region), following the adoption of the Government Decision no. 300/2005. The dismissed people will receive monthly compensatory payments during 2 years and will benefit from other active employment measures designed for the whole mining sector.
Salrom is the only salt producer at national level authorized by the Romanian government.
Company headquarters are in Bucureşti (Bucureşti region) but it has seven mining exploitation located in five different regions of the country. Through its subsidiaries, the company produces halite, salt solution and crystalline modified salt, applying technologies similar to those used worldwide. The company's net and gross results in the first half of 2004 were positive.
Salrom is currently owned by the state but the government intends to promote a strategy aimed at attracting new investments at Salrom, so that restructuring might go hand in hand with privatisation.
Eurofound (2005), Salrom, Internal restructuring in Romania, factsheet number 61859, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61859.