Tag: layoffs

IMF urges EPS to layoff 700 employees in 2017 – Serbia, 19 September 2017

The International Monetary Fund (IMF) has urged the Serbian Government to layoff 700 employees of state-owned power utility EPS until the end of the year in order to cut costs […]

Laid-off employees of EC Oltenia to receive 15 million euros in state aid – Romania, 25 April 2017

Romanian Ministry of Energy said that it will allocate 2.85 million euros from the social security budget for 1,000 employees of electricity producer Energy Complex (EC) Oltenia, which will be […]

State allocates 3.7 million euros as severance pays for miners – Romania, 25 August 2016

Romanian Government has allocated about 3.7 million euros to cover the severance payments to 3,070 employees of Energy Complex Oltenia, Energy Complex Hunedoara and Valea Jiului Mine Closure Society, who […]