PM: Privatization, Best Solution For Tractorul - Brasov

F.A.
Ziarul BURSA #English Section / 2 februarie 2007

The procedures started by the State Assets Recovery Authority (AVAS) to find a privatization solution for Tractorul - Brasov are the best option for this company, Prime Minister Calin Popescu Tariceanu said yesterday. He mentioned that the Government was going to "take measures" to attenuate the impact of predictable massive layoffs. Tractorul"s 1,900 employees, accompanied by Rulmentul"s 1,500 employees yesterday initiated a spontaneous illegal protest regarding forthcoming layoffs, salary payment delays and the risk of being fired without severance.

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