Internal restructuring
Sud-Vest; Gorj;
Location of affected unit(s)
Turceni (Sud-Vest region, Gorj county)
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25 - Manufacture of fabricated metal products, except machinery and equipment

200 jobs
Number of planned job losses
Job loss
Announcement Date
4 August 2005
Employment effect (start)
4 August 2005
Foreseen end date
31 December 2005


According to Government Decision no. 891 of 4 August 2005, the company Termoserv in Turceni (Sud-Vest region, Gorj county) will make redundant 200 of the 901 employees. Termoserv was established in 2003 following the restructuring of the electric power plant in Turceni and now manufactures steam generators and provides services to thermal power plants in the area, especially the Complexul Energetic Turceni.

Termoserv is currently state-owned and subordinated to the Ministry of Economy and Commerce (Ministerul Economiei şi Comerţului, MEC). In the future, MEC intends to privatise Termoserv, either separately, or together with the power station it serves.

Under the law, redundant employees will be entitled to redundancy pay plus compensation equal to two yearsÂ’ average national wages.



Eurofound (2005), Termoserv Turceni, Internal restructuring in Romania, factsheet number 62217, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62217.