SEWS Romania announces closure of offices in Hateg and Orastie, 640 employees to be laid off

The wiring manufacturer for the automotive industry SEWS Romania will start a collective redundancy process that will result in the closure of work points in the western cities of Hateg and Orastie (Hunedoara County), as well as the restructuring of support activities, the measures being expected to affect approximately 640 employees, reads a company press release sent to AGERPRES on Thursday.

"The main reason for this decision is the increase in direct and indirect production costs, resulting in declining competitiveness, as well as the current crisis in the automotive industry, in the context of the COVID-19 pandemic. The restructuring process takes place between November 2021-January 2022 and the approximately 640 employees who will be dismissed will benefit from compensatory payments according to the provisions of the collective labor contract at company level," the cited document specifies.

The company assures employees that it will take all possible measures to reduce the number of affected personnel and find alternatives to minimize the effects of the restructuring process.

SC SEWS Romania SRL, based in Deva, is part of the Sumitomo Electric Wiring System Europe LTD group. In Romania, Sumitomo Electric Wiring System (SEWS) started its investments in 2000, with the construction of the wiring factory in Deva. The factory in Orastie was opened in 2004, and the working point in Hateg, in 2008.