Siniat closes Bucharest factory and Nucsoara quarry in 2016

Newsroom 07/12/2015 | 15:47

Siniat Romania, manufacturer and supplier of plasterboard systems and plasters, announced it would close its factory in Bucharest and quarry in Nucsoara as part of a plan to concentrate production in its recently opened Turceni factory. According to representatives, the Turceni factory, which was opened in October 2015, will incorporate the company’s plasterboard production activity and extend the portfolio with more complex products, which Siniat has recently introduced on the Romanian market.

“Siniat is a company which values the human resource, and our decision, though necessary, was not an easy one. Thus, in the following months, we will be there for our colleagues from the factory in Bucharest and from the Nucsoara quarry in order to help them with their professional reorientation”, stated Daniela Ababei, HR manager of Siniat Romania.

The employees will enter a professional assistance program, in order to ease their transition to a new working place, the company states.

Siniat Romania posted a EUR 25.75 million turnover and a loss of EUR 1.15 million in 2014, while employing 213 in 2014. The company is part of ETEX group, manufacturer and provider of building materials and construction solutions. After closing the factory in Bucharest, Siniat will hold two factories in Romania, one that produces plasterboards (in Turceni, Gorj County) and one that produces plasters (in Aghiresu, Cluj County).

Natalia Martian

BR Magazine | Latest Issue

Download PDF or read online: December 2022 Issue | Business Review Magazine

The December 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Xclusiverse: Going Beyond the Traditional Ways of Doing Business.”
Newsroom | 19/12/2022 | 18:45

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue