Inactive Instrument

S.C. Electroputere S.A.

EPT

ROELPUACNOR3

Electroputere S.A. to Lay Off 350 Employees in 2012

March 21, 2012 at 05:58 am EDT

Electroputere S.A. announced that it will lay off 350 employees between May 1, and December 1, 2012 due to a decrease in output following lower demand. The move aims to reduce costs and improve the company's efficiency.

Latest news about S.C. Electroputere S.A.

S.C. Electroputere S.A. Reports Earnings Results for the Nine Months Ended September 30, 2021	21-11-14	CI
S.C. Electroputere S.A. Reports Earnings Results for the Half Year Ended June 30, 2021	21-08-30	CI
S.C. Electroputere S.A. Reports Earnings Results for the Full Year Ended December 31, 2020	21-02-25	CI
S.C. Electroputere S.A. Reports Earnings Results for the Half Year Ended June 30, 2020	20-08-31	CI
S.C. Electroputere S.A. Reports Earnings Results for the First Quarter Ended March 31, 2020	20-05-15	CI
S.C. Electroputere S.A. Reports Earnings Results for the Full Year Ended December 31, 2019	20-02-28	CI
S.C. Electroputere S.A. Reports Earnings Results for the Nine Months Ended September 30, 2019	19-11-15	CI
Electroputere S.A. Reports Unaudited Earnings Results for the Half Year Ended June 30, 2019	19-08-15	CI
S.C. Electroputere S.A. Reports Earnings Results for the First Quarter Ended March 31, 2019	19-05-14	CI
S.C. Electroputere S.A. Reports Earnings Results for the Full Year Ended December 31, 2018	19-02-28	CI
S.C. Electroputere S.A. Auditor Raises 'Going Concern' Doubt	18-04-26	CI
S.C. Electroputere S.A. Auditor Raises 'Going Concern' Doubt	17-04-27	CI
Electroputere S.A. Auditor Raises 'Going Concern' Doubt	16-04-28	CI
Electroputere S.A. Auditor Raises 'Going Concern' Doubt	15-04-28	CI
Electroputere S.A. Auditor Raises 'Going Concern' Doubt	14-03-27	CI
Electroputere Reports Preliminary Earnings Results for the Year 2013	14-02-18	CI
Electroputere S.A. Announces Earnings Results for the First Nine Months of 2013	13-11-14	CI
Electroputere to Lay Off 150 Employees Until April 1, 2014	13-10-16	CI
Electroputere S.A. Announces Earnings Results for the First Half of 2013	13-08-15	CI
S.C. Electroputere S.A. Auditor Raises 'Going Concern' Doubt	13-04-25	CI
Electroputere S.A. to Lay Off 350 Employees in 2012	12-03-21	CI

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Company Profile

Electroputere SA is a Romania-based company primarily engaged in the manufacture of electrical equipment. The Company divides its portfolio into three main groups of products: Power Transformers group, which includes power, transmission and distribution transformers; Electrical Rotating Machines group, which comprises induction, direct current (DC) electricity and synchronous motors and generators, and Electrical Apparatus group, which consists of circuit breakers, contactors, instrument transformers, prefabricated transformers, manual and motorized disconnectors. Additionally, the Company is involved in the provision of various services, such as repairing of rolling stock, machinery, equipment and technical facilities. The Company is active in Romania and abroad. On December 31, 2012, the Company closed its VFU Division, which was engaged in the manufacture of locomotives.

Sector

Heavy Electrical Equipment

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