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CNH

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Energy

Government Approves 2012 Layoff Plan At Coal Company CNH Petrosani

The Romanian Government on Monday approved the layoff of over 250 employees of national coal company CNH Petrosani by the end of the year.

Ioana Tudor · 05.03.2012 · 21:42 · 1 min
Energy

Romania Approves State Aid For Coal Mine Closures, 200 Employees To Be Laid Off This Year

Romania's Government has approved state aid for coal producer CNH Petrosani to close its nonviable mines and lay off around 200 employees this year.

Radu Bostan · 28.02.2012 · 18:15 · 1 min
EU Approves RON1.2B State Aid For Coal Mine Closures In Romania
Macroeconomics

EU Approves RON1.2B State Aid For Coal Mine Closures In Romania

The European Commission has authorized 1.17 billion lei (around EUR270 million) of Romanian public funding for the closure of three uncompetitive coal mining units owned by the country’s har...

Florentina Dragu · 22.02.2012 · 14:19 · 1 min
Romanian Laid Off Miners Stage Protest Calling For Severance Pay
Social/Politics

Romanian Laid Off Miners Stage Protest Calling For Severance Pay

Almost one hundred laid off workers in the mining sector protested Monday in front of the national coal company CNH Petrosani, disgruntled that they did not receive the third tranche of the...

Ecaterina Craciun · 13.02.2012 · 15:09 · 1 min
Coal Miner CNH To Enter Liquidation By End-September
Energy

Coal Miner CNH To Enter Liquidation By End-September

The Romanian government will launch liquidation proceedings for state-run coal mining company Compania Nationala a Huilei (CNH) by end-September, according to the country’s latest letter of...

Florentina Dragu · 10.02.2012 · 11:43 · 1 min
Energy

Romania’s CNH To Cut Wages Of Top, Middle Management By 30%

Managers and chief engineers with Romanian state-owned coal mining company CNH will have their wages cut by 30% come February 1, the company and its union decided Saturday.

Oana Gavrila · 29.01.2012 · 15:49 · 1 min
Social/Politics

CNH Employees Laid Off In 2011 Will Receive New Tranche Of Severance

Romania's Economy Ministry has signed a protocol with the miners' unions in national coal company CNH Petrosani, regarding the payment of a new tranche of severance pay to employees laid off...

Radu Bostan · 18.01.2012 · 18:27 · 1 min
CNH Stops Coal Deliveries To Paroseni Citing Unsustainable Price
Energy

CNH Stops Coal Deliveries To Paroseni Citing Unsustainable Price

Romanian state-owned mining company CNH on Monday ceased coal deliveries to the Paroseni thermal power producer, saying it can no longer function with the current prices.

Andrei Cîrchelan · 16.01.2012 · 16:03 · 1 min
Romania To Write Off CNH’s Debt To State Budget
Energy

Romania To Write Off CNH’s Debt To State Budget

Romanian state-run coal mining company Compania Nationala a Huilei (CNH) will transfer its non-viable mines to the national tax authority ANAF in exchange for having its debt to the consolid...

Florentina Dragu · 22.12.2011 · 18:34 · 1 min