Internal restructuring
Location of affected unit(s)
Information / Communication
Information Communication Services
61 - Telecommunications

900 - 1,100 jobs
Number of planned job losses
Job loss
Announcement Date
24 January 2006
Employment effect (start)
24 January 2006
Foreseen end date
31 December 2006


In 2006, the national radio broadcasting company Radiocom will cut jobs in unprofitable departments. Initially, about 5 to 600 employees are set to lose their jobs. ‘This first redundancy stage … will be followed if need be, by a second redundancy of 400 to 500 employees’, declared the president of the company. All redundant people will receive redundancy pay according to the legislation in force. Currently, Radiocom has 2,400 employees.

The president added that once the upgrading of radio and television broadcasting stations was over, the staff number would be substantially reduced.

Radiocom is the major provider of electronic communications networks and services in Romania, as well as international and national telephony, high speed Internet, secured data transfer services (VPN). Currently, it is owned 100% by the Romanian state but is set to be privatised in 2006, through the sale of a majority share package.

For 2005, Radiocom estimates a turnover of €69 million and a profit margin of €6.1 million.


  • 24 January 2006: Economistul


Eurofound (2006), Radiocom, Internal restructuring in Romania, factsheet number 63063, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63063.