Meva

Type
Internal restructuring
Country
Romania
Region
Macroregiunea Patru; Sud-Vest Oltenia; Mehedinţi
Location of affected unit(s)
Drobeta Turnu Severin
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30 - Manufacture of other transport equipment
30 - Manufacture of other transport equipment
250 - 257 jobs
Number of planned job losses
Job loss
Announcement Date
7 January 2011
Employment effect (start)
1 February 2011
Foreseen end date

Description

Meva Drobeta Turnu Severin, a manufacturer of railway carriages, announced the intention to dismiss 250 employees from a total workforce of 514 employees. In 2009, the company employed 1,198 people and registered financial losses of 5 million euros.

Sources

  • 10 January 2011: Ziarul Financiar

Citation

Eurofound (2011), Meva, Internal restructuring in Romania, factsheet number 71529, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71529.