In February 2012, the European Commission authorized RON1.17 billion (around EUR270 million) of Romanian public funding for the closure of three uncompetitive coal mining units owned by CNH. Some 3,300 miners will be laid off by 2018.
So far, the government has allotted RON127 million for 2011 and RON213 million for 2012 through the program. (EUR1=RON4.4179)