The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
300 jobs Number of planned job losses
Announcement Date
21 September 2009
Employment effect (start)
1 October 2009
Foreseen end date
Description
RAAL Bistrita, manufacturer of parts and accessories for motor vehicles, announced the dismissal of 300 of 1,400 employees. This measure is motivated by the decrease of market demand and diminishing of the turnover by 30% as compared to the same period from 2008.
Sources
22 September 2009: Ziarul Financiar
Citation
Eurofound (2009), RAAL, Internal restructuring in Romania, factsheet number 69596, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69596.