Type
Internal restructuring
Country
Romania
Region
Nord-Vest; Cluj;
Location of affected unit(s)
Campia Turzii
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.10 - Manufacture of basic iron and steel and of ferro-alloys
European Globalisation Fund (EGF)
Year: 2012, Case number: 10

800 jobs
Number of planned job losses
Job loss
Announcement Date
19 June 2012
Employment effect (start)
31 July 2012
Foreseen end date
31 December 2012

Description

Mechel Campia Turzii, a Romanian manufacturer of basic iron, steel and of ferro-alloys, notified the county agency for employment of its intention to dismiss 308 people by the end of July 2012.

This is the first step of a restructuring programme that will involve a total of 800 collective dismissals. They will become effective by the end of 2012.

Currently the company employs over 1,800 people in Romania.

As reported, Romania has applied for assistance from the European Globalisation Adjustment Fund (EGF).


Sources

  • 20 July 2012: Ziua Cluj

Citation

Eurofound (2012), Mechel Campia Turzii, Internal restructuring in Romania, factsheet number 73853, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73853.