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.
Manufacturing (24 - 25) Manufacture of metals 24.5 - Casting of metals 24.52 - Casting of steel
600 - 700 jobs Number of planned job losses
Announcement Date
25 March 2013
Employment effect (start)
27 March 2013
Foreseen end date
31 May 2013
Description
The steel company Arcelor Mittal Steel announced the 13th voluntary redundancy scheme for 600-700 workers at Galati factory. The measure is part of a restructuring programme. At present 7,400 workers are employed at the Galati site.
Sources
26 March 2013: Ziarul Financiar
Citation
Eurofound (2013), Arcelor Mittal Steel Galati, Internal restructuring in Romania, factsheet number 75161, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75161.