Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Taparo, a Romanian company specialised in producing furniture, announced the dismissal of 379 persons at Targu Lapus plant (Maramures County) by the end of 2025. The company filed for insolvency in November 2024 and sent a notification to the Maramures County Employment Agency announcing the dismissal of 379 people, almost 40% of its average number of employees.
A representative of the County Employment Agency mentioned that the company will dismiss a total of 600 employees.
At the end of 2023, the company had a net profit of €368.000, a turnover of approx. €42 million and 860 employees.
However, the company had total debts of around €34,2 million, with no arrears to the State.
The is no public statement from the trade unions regarding the dismissals.
Eurofound (2025), Taparo, Internal restructuring in Romania, factsheet number 204106, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/204106.
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