Type
Internal restructuring
Country
Romania
Region
Sud-Est; Galati;
Location of affected unit(s)
GalaĊ£i
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35.3 - Steam and air conditioning supply

416 jobs
Number of planned job losses
Job loss
Announcement Date
13 September 2011
Employment effect (start)
Foreseen end date
31 December 2011

Description

Apaterm, provider of steam and hot water, announced the intention to dismiss 416 persons by the end of 2011, of which 159 until 26 September 2011.According with the collective agreement at company level, in correlation with the length of services, the dismissed person will receive an amount equivalent with 25 base salaries from the month before the data of dismissal.


Sources

  • 14 September 2011: Ziarul Financiar

Citation

Eurofound (2011), Apaterm Galati, Internal restructuring in Romania, factsheet number 72415, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72415.