Tag: layoffs

OMV Petrom to shut down 250 inefficient wells – Romania, 12 August 2016

The officials of OMV Petrom, Romanian subsidiary of Austrian OMV Group, announced that the company will close down 250 inefficient wells in 2016, out of more than 7,600 it currently […]

No layoffs in EPS until March 2017 – Serbia, 5 August 2016

Serbian Minister of Mining and Energy Aleksandar Antic said that there will be no layoffs in state-owned power utility EPS until the systematization is performed, which is expected in March […]

Some 2,000 employees to leave EPS by the end of 2016 – Serbia, 18 June 2016

The representatives of the International Monetary Fund (IMF) and Serbian state-owned power utility EPS have agreed that the problem of redundant employees at EPS should be resolved through early retirement […]