EMCC European Monitoring Centre on Change

Posta Romana

Company/Organisation:
Posta Romana

Geographic Location

Country: Romania

Company

Sector: Transportation / storage
Transportation and storage
53.1 - Postal activities under universal service obligation
Number Employed: 35000

Employment Effects

Announcement Date: 05-02-2008
Planned Job Reductions min: 2000
Planned Job Reductions max: 2000
Type of Restructuring: Internal restructuring
Foreseen End Date: 31-12-2008
Direct Dismissals: 1000
Other Job Reduction Measures: 1000

Additional Information

The Minister of Communication and Information Technology announced that the restructuring process for CN Posta Romana must be finalised by the end of this year in order to start the privatisation process in 2009. The restructuring process will involve the collective redundancies of 2,000 employees, of which about 1,000 people will be employed in other partner companies of CN Posta Romana.