Type
Bankruptcy
Country
Romania
Region
Nord-Vest; Cluj;
Location of affected unit(s)
Dej, Cluj county, North- West region
Sector
Manufacturing
Manufacture Of Wood And Paper Materials
Manufacture Of Paper And Paper Products
17.1 - Manufacture of pulp, paper and paperboard

170 jobs
Number of planned job losses
Job loss
Announcement Date
15 February 2013
Employment effect (start)
15 February 2013
Foreseen end date
1 March 2013

Description

Somes Dej, the Romanian pulp and paper factory, announced the dismissal of all 170 employees by the end of February 2013.

This is a consequence of significant financial losses recorded in 2012. The insolvency procedure was launched at the end of January.


Sources

  • 15 February 2013: Napoca News

Citation

Eurofound (2013), Somes Dej, Bankruptcy in Romania, factsheet number 74973, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74973.