The international economic crisis is beginning to make itself felt in Romania. More and more local companies are either downsizing their operation or even closing down and over 17,000 workers may be made redundant by year end.
The most optimistic forecast suggests 1 million unemployed in the spring of 2009, double compared to this year’s rate. Many Romanian workers abroad will return and thicken the ranks of the unemployed.
Two of the companies announcing extreme measures are based in Sighetu Marmatiei namely Mecanica SA and Consim SA. Data provided by the County Employment Agency indicates that nearly 300 people will become jobless in that locality.
The management of UAMT Oradea, company specializing in the production of automotive parts and accessories, have recently informed that they were considering a possible temporary suspension of activity because, having been affected by the work cease at the Dacia automotive plant.