Romania: Additional financial aid for miners’ severance payments

, SEE Energy News

The companies most affected by future layoffs are coal-based electricity producers Energy Complexes (EC) Hunedoara and Oltenia. The Ministry of Economy has put up for public debate the draft legislation envisaging severance payments for fired redundant employees in state-owned energy companies.

The draft provides for the allocation of total compensation of some 185 million eurosin the form of severance payments. These payments will be granted to those made redundant until 2032. For the miners working underground, additional income will be given for up to 48 months, and for those in open pit mines for a maximum of 24 months.

The estimated number of redundant employees is 8,354, of which 4,063 are from EC Hunedoara and employees from EC Oltenia.