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

578 jobs
Number of planned job losses
Job loss
Announcement Date
25 March 2010
Employment effect (start)
2 May 2010
Foreseen end date

Description

The manufacturer of freight carriages Romvag Caracal announced the intention to dismiss 578 employees as of 2 May 2010. This decision is attributed to the decrease of market demand.


Sources

  • 26 March 2010: Economistul

Citation

Eurofound (2010), Romvag Caracal, Internal restructuring in Romania, factsheet number 70351, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70351.