Type
Business expansion
Country
Romania
Region
Bucuresti; Bucuresti;
Location of affected unit(s)
Bucuresti
Sector
Transportation / Storage
Warehousing And Support Activities For Transportation, Postal And Courier Activities
Warehousing And Support Activities For Transportation
52.23 - Service activities incidental to air transportation

108 jobs
Number of planned job creations
Job creation
Announcement Date
27 May 2016
Employment effect (start)
27 May 2016
Foreseen end date
31 December 2016

Description

Romanian Bucharest Airports Company will hire 108 people in 2016. Bucharest Airports is a state company and it’s the administrator of the International Airport “Henri Coanda” and “Aurel Vlaicu” Airport.  The Ministry of Transport is the main shareholder with 80% shares. The company plans to reach a total workforce of 1,516 employees in 2016.

The business expansion, combined with an increase of the workers' salaries not linked to performance, caused a debate between the Ministry and minority shareholders since it will result in a decrease of the company's gross profit.

Romanian Bucharest Airports currently employs 1,408 people in Romania.


Sources

  • 27 May 2016: Wall Steet Romania
  • 27 May 2016: adevraulfinanciar.ro

Citation

Eurofound (2016), Compania Nationala Aeroporturi Bucuresti, Business expansion in Romania, factsheet number 87610, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87610.