EMCC European Monitoring Centre on Change

Regia Autonomă de Transport Bucureşti

Company/Organisation:
Regia Autonomă de Transport Bucureşti

Geographic Location

Country: Romania
Region: Bucuresti; Bucuresti
Location of affected unit(s): Bucureşti (Bucureşti region)

Company

Sector: Transportation / storage
Transportation and storage
49.3 - Other passenger land transport
Number Employed: 14300

Employment Effects

Announcement Date: 08-09-2005
Planned Job Reductions min: 2300
Planned Job Reductions max: 2300
Type of Restructuring: Internal restructuring
Employment Effect Start: 08-09-2005
Foreseen End Date: 31-12-2005
Direct Dismissals: 2300

Additional Information

On 8 September 2005, the General Council of Bucarest, the capital city of Romania, approved the reorganisation programme of the public transport company, Regia Autonomă de Transport Bucureşti, RATB (Bucureşti region). Among other things the programme includes the cut of 2,300 jobs, out of 14,300. The decision came as a result of RATB’s total debts of 2004, which amounted to 119 million lei (€34 million ) and debts to providers totalling 19.6 million lei (€5.6 million ). ‘RATB employees affected by collective redundancy will receive redundancy pay. We will also work together with the National Employment Agency (Agenţia Naţională pentru Ocuparea Forţei de Muncă, ANOFM), to find them new jobs’, the mayor, Adrian Videanu, declared. Redundant employees will receive a redundancy pay amounting to twice the average national wage, unemployment benefit and an additional monthly income. The current programme is not the first of its kind to be carried out in RATB. In the interval 1998-2004, RATB employees went through successive redundancies which meant a cut of 4,140 jobs.