Compania Naţionala de Autostrăzi şi Drumuri Naţionale

Type
Internal restructuring
Country
Romania
Region
Macroregiunea Trei; Bucureşti-Ilfov; Bucureşti
Location of affected unit(s)
Bucharest
Sector
Public Administration / Defence
84 - Public administration and defence; compulsory social security
84 - Public administration and defence; compulsory social security
84 - Public administration and defence; compulsory social security
600 jobs
Number of planned job losses
Job loss
Announcement Date
1 July 2011
Employment effect (start)
Foreseen end date
31 July 2011

Description

Road control service provider Compania Naţionala de Autostrăzi şi Drumuri Naţionale is to dismiss 600 employees in July 2011.

The job cuts are part of the measures negotiated and agreed with the International Monetary Fund (IMF) in order to decrease the state budget deficit. This will be partly achieved by restructuring state-owned companies.

Sources

  • 1 July 2011: Ziarul Financiar

Citation

Eurofound (2011), Compania Naţionala de Autostrăzi şi Drumuri Naţionale, Internal restructuring in Romania, factsheet number 72217, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72217.