Before collective layoffs, which started Tuesday as part of the company’s restructuring plan, Posta Romana had a little over 32,000 employees. The 3,650 workers made redundant represent 11% of the postal operator’s staff.
Posta Romana registered turnover of RON1.26 billion in 2012 and is the largest postal operator in Romania with a network of 5,600 units.
The company is 75%-owned by the Communications Ministry. Investment fund Fondul Proprietatea (FP.RO) controls 25% of the shares.
Posta Romana registered debts of RON568.2 million at the end of 2012, up 2.9% on the year.
It employed 32,887 people at the end of last year, from 35,576 in 2008. (EUR1=RON4.4358)