ECONOMIC INFLUENCE OF POSSIBLE RESTRUCTURING PLAN WITHIN OLTENIA ENERGY COMPLEX IN GORJ COUNTY

Dumitru Ciobanu and Maria Vasilescu
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Dumitru Ciobanu: University of Craiova
Maria Vasilescu: Constantin Brancusi University of Targu-Jiu

Annals - Economy Series, 2013, vol. 2, 319-322

Abstract: The effects of the economic crisis of recent years have been strongly felt in the energy sector in Romania due to a sizeable reduction in power consumption in industry. To survive on the market, Oltenia Energy Complex, recently established must resort to a massive reduction in spending. Staff costs may not be an exception to these cuts. Thus, a certain reduction, counting between 1000 and 5000 people, is expected in the future. Within this article, we tried to analyze the influence of this impending layoffs on the county service market considering two scenarios corresponding to the number of thousands of employees made redundant (2500, 5000).

Keywords: restructuring; unemployment; scenario; energy. (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2013:v:2:p:319-322

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