Romanian Lignite Mining Co May Suspend Prod For 30-Day

Romania’s state-owned lignite mining company SNLO may suspend production for a 30-day period as of June 15, on falling demand for coal, the company said Tuesday. SNLO’s employees will receive 75% of their gross wages, plus seniority bonuses. SNLO’s management, economy minster Adriean Videanu, minister of finance Gheorghe Pogea and the president of the National Agency for Tax Administration Sorin Blejner will approach this issue on May 31. The heads of SNLO’s trade unions will also ...

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