Monday, January 5, 2009

Romania’s Petrom starts Doljchim units shutdown


5 January 2009 | 13:04 | FOCUS News Agency Bucharest.

Romania’s largest oil company Petrom (SNP.RO) started the shutdown of natural gas-fueled units of its petrochemical plant Doljchim, triggering the technical unemployment of 600 employees by mid February, the company stated Monday, Mediafax reports.

The company’s representatives said the measure would not have significant effects on Petrom’s operations and results.

Trade union leader Gheorghe Baiasu said Saturday that half of Doljchim employees will stay at home between January 10 and February 15 as the sale price of the plant’s products decreased on the global market.

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