Hanes Global Supply Chain Romania

Type
Closure
Country
Romania
Region
Macroregiunea Patru; Vest; Arad
Location of affected unit(s)
Curtici
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
14 - Manufacture of wearing apparel
14 - Manufacture of wearing apparel
1,000 jobs
Number of planned job losses
Job loss
Announcement Date
14 February 2019
Employment effect (start)
Foreseen end date

Description

American textile manufacturer Hanes Global Supply Chain Romania has announced the dismissal of 1,000 employees from its plant in Curtici, Arad County. According to data from the Ministry of Finance, in 2017 the company recorded a turnover of RON 203 million (€42 million) and a profit of RON 7.3 million (€1.5 million). The redundancies are taking place due to the shortage of skilled workforce and the decrease in the number of orders for the company’s products.

Globally, Hanesbrands Group has a workforce of about 65,000 people in various parts of Europe, including the United Kingdom, Italy, Germany, France and Spain.

Sources

Citation

Eurofound (2019), Hanes Global Supply Chain Romania, Closure in Romania, factsheet number 96737, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96737.