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Colgate-Palmolive To Close Factory In C Romania By Mid-December

The Romanian subsidiary of US personal care products maker Colgate-Palmolive will close its plant in the central Romanian city of Brasov by mid-December, and the company will move its production to Poland, the company said on Monday.
Colgate-Palmolive To Close Factory In C Romania By Mid-December
17 nov. 2008, 19:08, English

“We do not know an exact date of the last layoffs, but estimate the process to end by mid-December," Colgate-Palmolive Romania’s legal director Gabriela Popescu said.
 
The first layoffs took place on September 15, when 28 workers were fired, and by mid-December, all 190 employees should be dismissed, with a compensation package.
 
The company’s representative also said that the land and building of the factory will be put for sale.
 
The Brasov factory’s closing is part of a global restructuring process, she said.
 
Colgate-Palmolive said closing down Brasov plant will not result in halting its operations on the Romanian market, where the company is a top player on the toothpaste segment.
 
Colgate-Palmolive entered the Romanian market in 1992.