layoffs

Textile Factory In Poor Romanian Town To Lay Off Nearly 100 People

A textile factory in Zlatna, Alba county, central Romania, will lay off nearly 100 employees as of Dec 19, citing lack of demand.

Romanian Azomures Lays Off 1,000 Employees

Approximately 1,000 employees of Romania’s chemical fertilizers maker Azomures (AZO.RO), or half of the employees, will be put on technical unemployment as of Monday, management sources said Thursday.

Two Construction Cos In C Romania To Scrap Nearly 1,000 Jobs Citing Intl Crisis

Romanian construction company Concefa and construction material trader Ambient, based in Sibiu, central Romania, notified the local labor inspectorate and employment agency they will start laying off nearly 1,000 people starting November, citing the international crisis and lack of activity.

Romanian Cos Unfolding Contracts With ArcelorMittal Galati Laid Off Over 300 People

Companies based in Galati, eastern Romania, unfolding various contracts with steel company ArcelorMittal Galati, a unit of UK-based giant ArcelorMittal Group, laid off over 300 employees in recent days, according to data offered by the local employment agency.

Intl Fincl Turmoil To Cause Layoffs In Romania – Businessmen

The international financial turmoil could trigger layoffs in Romania, as local companies are already revising their costs and staff structure, but some companies, especially the market leaders, could take advantage to create new business opportunities, according to the country’s businesspeople.

Romanian Rompetrol To Lay Off 1,500 Employees Over Next 3 Yrs

Rompetrol, the second largest oil group in Romania, will lay off 1,500 employees in one to three-year period, after 500 employees have already left the company, in a reorganization process, Rompetrol general manager Dinu Patriciu said Tuesday.

Romanian Rompetrol Lays Off Several Hundreds Employees – Sources

Kazakhstan's KazMunaiGaz, majority shareholder of Romanian oil company Rompetrol, and a team led by president Dinu Patriciu and Titov Buzescu, operational efficiency vice-president, started a restructuring process, including the layoff of several hundreds employees, Rompetrol sources said Tuesday.

ArcelorMittal Galati To Lay Off 1,000 Employees In 2008 – Exec

Steel pipe producer ArcelorMittal Galati Romania, local unit of UK-based giant ArcelorMittal, on Sunday said it plans to lay off some 1,000 employees in 2008 following the company’s reorganization strategy.

Romanian Privatization Auth Restructuring To Leave 100 Jobless

Romanian privatization authority AVAS will fire 100 employees in 2008, through collective layoffs, thus reducing the maximum number of positions in the structure of the institution to 510 employees, from the 610 positions set late 2006.