Cuprom Baia Mare

Type
Internal restructuring
Country
Romania
Region
Macroregiunea Unu; Nord-Vest; Maramureş
Location of affected unit(s)
Baia Mare
Sector
Manufacturing
(24 - 25) Manufacture of metals
24.4 - Manufacture of basic precious and other non-ferrous metals
24.44 - Copper production
192 jobs
Number of planned job losses
Job loss
Announcement Date
27 January 2009
Employment effect (start)
15 February 2009
Foreseen end date

Description

Copper producer Cuprom Baia Mare is to lay off 192 employees at its plant in Maramures. The company has notified the County Employment Agency that the layoffs will begin in the latter half of February 2009. The layoffs are due to a decrease in demand and prices on the copper market.

Sources

  • 28 January 2009: Economistul

Citation

Eurofound (2009), Cuprom Baia Mare, Internal restructuring in Romania, factsheet number 68051, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68051.