Type
Internal restructuring
Country
Romania
Region
Bucuresti; Bucuresti;
Location of affected unit(s)
Bucharest
Sector
Manufacturing
Manufacture Of Tobacco Products
Manufacture Of Tobacco Products
12 - Manufacture of tobacco products

169 jobs
Number of planned job losses
Job loss
Announcement Date
11 June 2010
Employment effect (start)
1 July 2010
Foreseen end date

Description

Japan Tobacco International has announced a restructuring programme involving the cut of 169 jobs as result of a sharp decline in market demand. At the beginning of the 2010 the company employed 670 people and  reported a turnover of 425 million euro for 2009.


Sources

  • 14 June 2010: Ziarul Financiar (www.zf.ro)
  • :

Citation

Eurofound (2010), Japan Tobacco International Romania, Internal restructuring in Romania, factsheet number 70665, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70665.