Type
Internal restructuring
Country
Romania
Region
Centru; Mures;
Location of affected unit(s)
Sighisoara, Mures County, Center Region
Sector
Manufacturing
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

350 jobs
Number of planned job losses
Job loss
Announcement Date
7 December 2006
Employment effect (start)
1 January 2007
Foreseen end date

Description

Ves, Romanian producer of enamelled cookware based in SighiÅŸoara, announced an intention to reduce its staff from current 950 to 600 employees since the beginning of the next year.

The management's decision is designed to stop a decrease of the company's turnover.


Sources

  • 8 December 2006: Ziarul Financiar

Citation

Eurofound (2006), Ves Sighisoara, Internal restructuring in Romania, factsheet number 64565, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64565.