Type
Internal restructuring
Country
Romania
Region
Sud-Vest; Olt;
Location of affected unit(s)
Slatina, Olt county, South-West region
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.42 - Aluminium production

430 jobs
Number of planned job losses
Job loss
Announcement Date
12 November 2008
Employment effect (start)
5 November 2008
Foreseen end date

Description

The Russian group Vimetco announced the intention to cut 430 jobs at Alro Slatina (Olt county, South-West region), manufacturer of aluminium.

In present the company has 4,300 employees. The reason is the decreased demand for aluminium on the international market.


Sources

  • 13 November 2008: Ziarul Financiar

Citation

Eurofound (2008), Alro Slatina, Internal restructuring in Romania, factsheet number 67558, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67558.