Type
Internal restructuring
Country
Romania
Region
Sud; Prahova;
Location of affected unit(s)
Plopeni (Prahova county, South region)
Sector
Manufacturing
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28 - Manufacture of machinery and equipment n.e.c.

744 jobs
Number of planned job losses
Job loss
Announcement Date
20 November 2008
Employment effect (start)
21 November 2008
Foreseen end date

Description

Uzina Mecanica Plopeni notifies the County Agency for Employment Prahova that during November will dismiss 744 employees of 808 in present. The redundant persons will receive compensatory payments equivalents with 36 monthly wages. The reason of the decision is the lack of orders as result of global financial situation.


Sources

  • 21 November 2008: Economistul

Citation

Eurofound (2008), Uzina Mecanica Plopeni, Internal restructuring in Romania, factsheet number 67504, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67504.