EMCC European Monitoring Centre on Change

Compania Naţională a Metalelor Preţioase şi Neferoase Remin

Company/Organisation:
Compania Naţională a Metalelor Preţioase şi Neferoase Remin

Geographic Location

Country: Romania
Region: Maramures; Nord-Vest
Location of affected unit(s): Baia Mare (Maramures)

Company

Sector: Mining / quarrying
Mining and quarrying
07 - Mining of metal ores

Employment Effects

Announcement Date: 17-03-2006
Planned Job Reductions min: 2800
Planned Job Reductions max: 2800
Type of Restructuring: Internal restructuring
Employment Effect Start: 17-03-2006
Foreseen End Date: 31-12-2006
Direct Dismissals: 2800

Additional Information

Compania Naţională a Metalelor Preţioase şi Neferoase Remin is one of the 18 large national companies in the mining and energy sector affected by a government decree ordering collective dismissals in 2006. The redundant workers will receive compensatory payments in accordance with the stipulations of the collective agreement, unemployment benefits and two net monthly wages (at the level registered in January 2006). The decree had been discussed in the Economic and Social Council (the tripartite body at national level) and the Commission for Social Dialogue, as is mandatory. The job cuts now announced for the 18 companies amount to 10413 in total.(16 cases are recorded in the ERM. The two other cases involve redundacies of 50 people each and are therefore not included in the ERM). The restructuring process is part of the 'National strategy for the mining sector 2004-2010' and of the government's strategy to accelerate privatisation and to attract new investment in the sector.