07.07.2014

Companies receiving state aid in the form of lower green certificate quotas are forced to keep layoffs to less than 25% of the staff registered at the time they become eligible for the state aid more

06.12.2014

Romanian Transport Minister Dan Sova said Thursday that freight railway carrier CFR Marfa will set off the layoff process of over 2,000 employees next week, due to the company’s unfavorable more

06.05.2014

Romanian banks have left the crisis behind, but moves to reduce paperwork and streamline operations with a view of slashing costs and luring new clients are still scarce and unevenly applied. more

05.12.2014

Chemical fertilizer plant Amurco Bacau will lay off 300 employees as of June 1, representing 75% of its total employee numbers, citing high prices for methane gas. more

03.26.2014

The management board of Armatura Cluj-Napoca (ARM.RO) is requiring shareholders' approval to shut down its brass and cast iron foundries and lay off the employees. more

11.20.2013

Romanian freight railway carrier CFR Marfa will lay off 2,500 employees next year, nearly 30% of the total, according to the company’s budget for 2014, which also stipulates RON16.8 million for more

10.15.2013

Romanian power transformers producer Electroputere Craiova (EPT.RO) Tuesday announced plans to lay off 150 employees within the next six months, equal to almost 20% of its current staff. more

08.27.2013

Romania’s state-owned postal operator Posta Romana will lay off 3,650 employees, or 11% of its staff, starting September 3, as part of the company’s restructuring plan. more

08.20.2013

Romanian furniture maker Elvila, owned by businessman Viorel Catarama, will lay off 66 employees, or 6.7% of the total, in July-September, citing the company’s precarious financial situation. more

07.18.2013

Romania’s state-owned postal operator Posta Romana will lay off 3,650 employees, 11% of its staff, starting September, part of the company’s restructuring efforts. more

06.26.2013

Romania’s Government on Wednesday adopted an emergency ordinance laying off nearly 3,000 people in central administration jobs and eliminating vacancies in local and central administration, except more

06.20.2013

Dräxlmaier Pitesti, the German car part maker’s oldest plant in Romania, which makes cables for the auto industry, plans to lay off 8% of its staff, or 292 employees, 2% of all its employees in more

05.31.2013

Romania’s debt-mired national postal company Posta Romana will lay off 11.4% of its staff, or 3,650 employees, following negotiations between management and unions. more

05.15.2013

Over 10,000 employees in state companies and institutions will be laid off by 2018, according to a government estimate. more

05.14.2013

Romania's state-owned postal service operator Posta Romana is likely to lay off 4,000 of a total 32,000 employees this year, following a slump in activity, union leader Matei Bratianu said Tuesday. more

04.23.2013

More than 3,400 employees working in bank branches in Romania left last year in the harshest restructuring phase since the onset of the crisis, while 320 branches closed. Six times fewer people (about more

04.16.2013

Romania’s Government adopted Tuesday an emergency decree containing social protection measures for employees affected by the restructuring of state-owned companies, Economy Minister Varujan more

04.08.2013

About 1,000 employees of insolvent chemical plant Oltchim Ramnicu Valcea (OLT.RO) will hold a protest rally outside the Government building in Bucharest Tuesday, requiring an urgent meeting with Prime more

03.22.2013

The European Commission (EC) has paid EUR24.2 million from the European Globalization Fund (EGF) to several EU member states, including Romania, to help 5,271 redundant workers back into employment. more

03.07.2013

Euro Insol, the legal administrator of Romania’s insolvent power producer Hidroelectrica, will start Friday a layoff program targeting 600 employees with the company’s service and maintenance more

03.03.2013

Romania has some 1.2 million employees in the public sector and must downsize staff by 2018, Economy Minister Varujan Vosganian said Sunday in an interview. more

01.17.2013

The unionists with Hidrosind said Thursday the layoffs at Romanian insolvent energy producer Hidroelectrica breach the collective labor contract, and threaten with court actions and protests as of more

01.17.2013

Romanian insolvent energy producer Hidroelectrica has given notice of termination of employment to 154 staff and slashed another 161 vacant positions as part of a reorganization program aimed at more

10.10.2012

Romanian steel processor Mechel Campia Turzii (INSI.RO) wants to lay off 800 more employees, union leader Ioan Pascu told Mediafax Wednesday. more

09.20.2012

Euro Insol, the court-appointed administrator of Romanian insolvent power producer Hidroelectrica, will assess the professional competence of the energy company’s employees in the next three months. more