Ascultă Radio România Actualitaţi Live

Redundancies start to Oltchim Factory

A thousand employees of Olthim will be fired by the restructuring plan. Dismissal notices will be handed starting next week.

Redundancies start to Oltchim Factory
Sindicalişti Oltchim. Foto: Arhivă Agerpres.

Articol de Sorin Solomon, 30 Martie 2013, 10:45

A thousand employees of Olthim Factory will be fired through the restructuring plan.

For several days, the Oltchim employees are protesting because of salary arrears, but also beause of the fear restructuring.

Law Firm chosen to manage the insolvency company announced that redundancy notices will be served starting next week.

Oltchim Syndicate argues, however, that the measure would be illegal.

The redundancy measure among the factory employees was taken from the necessity of some savings imposed by Oltchim donors, but also by business partners, said the judiciary administrator, George Piperea.

Monthly, must occur savings of two million euros, he also said.

Oltchim union leader, Mihai Diculoiu, says he was not notified of this redundancies measure and threatens with protests including in Bucharest.

"From the point of view of the Oltchim union, they cannot make this decision on collective redundancies, as long as they do not have the reorganization plan approved by the general meeting of creditors and the unilateral declaration is in contradiction with Vosganian minister, who said that by June Oltchim should be kept in operation, and starting June to be privatized in insolvency, "says Mihai Diculoiu.

Redundancies, "obligations arising from the situation of society"

Oltchim receiver contradicts him, because, says George Piperea, discussions on redundancies take place for three weeks.

"Anyone can understand the desperate situation of these people, but only through these measures can be provided a chance of survival of this company.

"On the other hand, it is not us who take these steps, but there are obligations arising from legal and economic situation of the company, who was brought in this situation in previous period," said George Piperea.

Valcea factory employees have received some money Friday, following that by the middle of next month to receive their salaries and the rest coming from funds obtained from CEA Valcea receivers.

Translated by Alexandra-Diana Mircea

MTTLC, Bucharest University

More than 3.5 million ballots have arrived at polling stations abroad
News in English 30 Aprilie 2025, 22:59

More than 3.5 million ballots have arrived at polling stations abroad

Romanian citizens who are abroad can vote in 965 polling stations, from Friday to Sunday. 3.600.000 ballot papers have...

More than 3.5 million ballots have arrived at polling stations abroad
Preparations for organising presidential elections ‘on track’
News in English 30 Aprilie 2025, 22:58

Preparations for organising presidential elections ‘on track’

Preparations for the organisation of the presidential elections to be held at the end of the week are on schedule, says...

Preparations for organising presidential elections ‘on track’
War Veterans' Day
News in English 29 Aprilie 2025, 22:04

War Veterans' Day

War Veteran's Day was marked on Tuesday in recognition of their merits in defence of Romania's independence and...

War Veterans' Day
Ministry of National Defence leadership welcomes State Department decision
News in English 29 Aprilie 2025, 22:03

Ministry of National Defence leadership welcomes State Department decision

The leadership of the Ministry of National Defence welcomes the decision of the US Department of State to approve the sale of...

Ministry of National Defence leadership welcomes State Department decision
Legislation to combat violence
News in English 29 Aprilie 2025, 22:02

Legislation to combat violence

The Legal Affairs Committee of the Chamber of Deputies has given a favourable report to the legislative proposal to amend...

Legislation to combat violence
The Senate adopted a proposal to amend the law on the election of the President
News in English 29 Aprilie 2025, 22:01

The Senate adopted a proposal to amend the law on the election of the President

The Senate adopted, as the first chamber to be consulted, a legislative proposal to amend the law on the election of the...

The Senate adopted a proposal to amend the law on the election of the President
The Central Electoral Bureau will regularly present data on voter turnout
News in English 28 Aprilie 2025, 02:32

The Central Electoral Bureau will regularly present data on voter turnout

The Central Electoral Bureau has announced that it will regularly present data on the turnout of Romanian citizens at the...

The Central Electoral Bureau will regularly present data on voter turnout
Free medical admission courses
News in English 28 Aprilie 2025, 02:31

Free medical admission courses

The ‘Carol Davila’ University of Medicine and Pharmacy in Bucharest is supporting those who want to become...

Free medical admission courses