The company will compensate the employees with three severance pays.
Mechel Campia Turzii’s employees asked in court the cancellation of the collective layoff decision but the first hearing is scheduled in November, union leader Ioan Pascu said.
The company currently employs 1,000 people.
In March, the management of Mechel Campia Turzii had announced it plans to lay off 799 people as of June.
The company is controlled by Russian group Mechel, which owns 86.56% of the stock. Shareholders include regional investment fund SIF Banat-Crisana (SIF1.RO), with 11.11%, and State Asset Privatization Authority (AVAS), with 1.02%.
Mechel entered the Romanian market in 2002 and locally it holds Mechel Campia Turzii (INSI.RO), Mechel Targoviste (COS.RO), Ductil Steel Otelu Rosu, Ductil Steel Buzau, Laminorul Braila and Mechel Reparatii Targoviste.