EMCC European Monitoring Centre on Change

Societatea Naţională de Transport Feroviar de Marfă `CFR Marfă`

Company/Organisation:
Societatea Naţională de Transport Feroviar de Marfă `CFR Marfă`

Geographic Location

Country: Romania

Company

Sector: Transportation / storage
Transportation and storage
49 - Land transport and transport via pipelines
Number Employed: 18700

Employment Effects

Announcement Date: 26-05-2009
Planned Job Reductions min: 1300
Planned Job Reductions max: 1300
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-06-2009
Foreseen End Date: 31-12-2009
Other Job Reduction Measures: 1300

Additional Information

State-owned rail freight company CFR Marfă has announced the intention to dismiss some 1,300 workers who fulfilled the legal conditions for retirement. The measure is part of a large restructuring plan affecting the three railway transport companies announced by the Ministry of Transport and resulting in the dismissal of approximately 3,700 workers. At present the company has around 18,700 employees.