The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 22.1 - Manufacture of rubber products 22.11 - Manufacture, retreading and rebuilding of rubber tyres and manufacture of tubes
159 jobs Number of planned job losses
Announcement Date
9 October 2014
Employment effect (start)
1 December 2014
Foreseen end date
31 January 2015
Description
Eurotire Plant, a subsidiary of the Eurotire group, announced 159 job cuts. The job reduction measure will start taking place in December 2014.
The plant is producing mostly radial tyres and tubes for tractors.
Sources
22 October 2014: Informatia de Severin
9 October 2014: Gazeta de Sud
Citation
Eurofound (2014), Eurotire Plant, Internal restructuring in Romania, factsheet number 77836, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77836.