Restructuring events
European Restructuring Monitor (ERM)
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.
Centrala Electrica de Termoficare Bacau provider of thermal energy is to cut 104 jobs by the end of 2013.
The job reduction measure is part of a restructuring plan referring to 300 job cuts approved in July 2013 comprised out of 3 phases: in July 2013 (104 employees), May-July 2014 (100 employees) and in 2015 (100 employees).
The first restructuring phase was postponed until the end of 2013.
In present the company has 575 employees.
Eurofound (2013), Centrala Electrica de Termoficare Bacau, Internal restructuring in Romania, factsheet number 75796, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75796.
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