“The Commission was informed of our plan on May 15, while the official notification will be sent next week,” Sorin Gaman, head of the ministry’s mineral resources division told MEDIAFAX.

CNH has total debts to the state budget of EUR1.2 billion. The company operates seven coalmines and employs 8,800 staff.

The ministry plans to close down three mines and lay off approximately 1,000 employees.