Smart

Type
Internal restructuring
Country
Romania
Region
Location of affected unit(s)
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
164 jobs
Number of planned job losses
Job loss
Announcement Date
28 December 2005
Employment effect (start)
25 January 2006
Foreseen end date
31 December 2006

Description

The Romanian Commercial Company for Power Transmission Grid Maintenance Services ‘Smart' (Societatea Comercială pentru Servicii de Mentenanţă a Reţelei Electrice de Transport ‘Smart', Smart) will make redundant 164 employees. Employees will receive compensatory payments according to the Government Emergency Ordinance no. 8 of 2003.

Smart is a branch of the National Company of Transport of Electricity (Compania Naţională de Transport as Energiei Electrice Transelectrica, Transelectrica).

Smart provides service of maintenance in the electricity transport network, as well as different other types of services in distribution and transmission.

Sources

Citation

Eurofound (2005), Smart, Internal restructuring in Romania, factsheet number 62998, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62998.