Type
Internal restructuring
Country
Romania
Region
Sud-Vest; Dolj;
Location of affected unit(s)
Craiova, Dolj county, South-West region
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30 - Manufacture of other transport equipment

300 jobs
Number of planned job losses
Job loss
Announcement Date
21 August 2009
Employment effect (start)
1 October 2009
Foreseen end date

Description

Avioane Craiova SA, a Romanian aircraft manufacturer, announced a restructuring programme involving collective dismissals for 300 employees, starting in October 2009. The restructuring process is necessary in order to prepare the company for privatisation.In June 2009, company had 658 employees and the estimated turnover for this year is 10 million euro.


Sources

  • 24 August 2009: Ziarul Financiar

Citation

Eurofound (2009), Avioane Craiova, Internal restructuring in Romania, factsheet number 69456, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69456.