“Albpetrol” to cut 3000 jobs

24/07/2011 08:05

Unemployment in Albania is expected to grow with 2% this September, putting the national unemployment level to 15%.

This is just the statistical effect that will cause the dismissal of 3000 oil workers during August-September 2011.

Other negative effects, this time economic, will deteriorate the life quality for at least 12,000 persons who live in Fier and Vlore.

Difficult economic and financial conditions of the state-owned company “Albpetrol” have obliged government authorities to cut jobs.

The plan had been drafted for a long time, but its implementation was difficult, due to the local elections. The Ministry of Economy, Commerce and Energy had postponed twice the implementation of this reform, but the dramatic situation of the former colossal oil company obliged them to accelerate actions.

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