Arcelor Mittal Steel Galati

Type
Internal restructuring
Country
Romania
Region
Macroregiunea Doi; Sud-Est; GalaĊ£i
Location of affected unit(s)
Galati
Sector
Manufacturing
(24 - 25) Manufacture of metals
24.5 - Casting of metals
24.52 - Casting of steel
1,100 jobs
Number of planned job losses
Job loss
Announcement Date
1 February 2012
Employment effect (start)
1 February 2012
Foreseen end date
31 December 2012

Description

The steel company ArcelorMittal announced to its European Works Council that over 1,100 jobs will be cut at the Galati site in Romania. The redundancies will be implemented until the end of 2012.

The measure is part of a restructuring programme for the European steel production promoted by the group. It involves cuts in Poland, Belgium and the Czech Republic amongst others.

At present the Galati factory employs approximately 10,000 people. ArcelorMittal has 265,000 employees worldwide .

Sources

  • 2 January 2012: business24.ro
  • 1 February 2012: Le Figaro

Citation

Eurofound (2012), Arcelor Mittal Steel Galati, Internal restructuring in Romania, factsheet number 73070, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73070.