Rulmenti Barlad

Type
Internal restructuring
Country
Romania
Region
Macroregiunea Doi; Nord-Est; Vaslui
Location of affected unit(s)
Barlad
Sector
Manufacturing
(24 - 25) Manufacture of metals
25 - Manufacture of fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
240 jobs
Number of planned job losses
Job loss
Announcement Date
1 April 2013
Employment effect (start)
Foreseen end date
15 May 2013

Description

Romanian producer of bearings Rulmenti Barlad, member of Turkish group Kombassan, is to cut 250 jobs. The restructuring is to take place by mid-May 2013 in response to the negative economic climate and reduced orders. The company employed a total of 2,300 people at the start of 2013. For previously reported restructuring events, see Rulmenti Barlad-2010 and Rulmenti Barlad-2009.

Updated, 14/05/13: As announced the job cuts were 240.

Sources

  • 14 May 2013: Ziarul Financiar
  • 1 April 2013: Mediafax

Citation

Eurofound (2013), Rulmenti Barlad, Internal restructuring in Romania, factsheet number 75454, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75454.