Mechel Targoviste

Type
Internal restructuring
Country
Romania
Region
Macroregiunea Trei; Sud-Muntenia; Dâmboviţa
Location of affected unit(s)
Targoviste
Sector
Manufacturing
(24 - 25) Manufacture of metals
24.3 - Manufacture of other products of first processing of steel
24.3 - Manufacture of other products of first processing of steel
512 jobs
Number of planned job losses
Job loss
Announcement Date
15 March 2013
Employment effect (start)
15 March 2013
Foreseen end date
30 April 2013

Description

512 employees from the steel plant Mechel Targoviste in Romania are to be dismissed in March 2013. The employees will receive compensatory payments equal to three months gross salaries.

Sources

  • 17 March 2013: Ziarul Financiar
  • 17 March 2013: www.nineoclock.ro

Citation

Eurofound (2013), Mechel Targoviste, Internal restructuring in Romania, factsheet number 75156, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75156.