The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
(05 - 09) Mining / Quarrying 05 - Mining of coal and lignite 05 - Mining of coal and lignite 05 - Mining of coal and lignite
1,000 jobs Number of planned job losses
Announcement Date
8 October 2009
Employment effect (start)
4 January 2010
Foreseen end date
Description
The National Hard Coal Company Petroşani (Compania Naţională a Huilei Petroşani, CNH) one of the main employers in the county of Hunedoara, has announced the intention to dismiss 1,000 employees in early 2010. The job losses are part of the ongoing restructuring programme. At present, the company has 10,700 employees and a total financial debt of about 850 million euro.
More information on the current crisis in Jiu Valley mining area and the response of social partners is available on the European Industrial Relations Observatory (EIRO).
Sources
9 October 2009: Ziarul Financiar
Citation
Eurofound (2009), Compania Naţională a Huilei, Internal restructuring in Romania, factsheet number 69754, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/69754.
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