Transport · Bucharest
STB, Bucharest's public transport operator, issues 796 dismissal notices amid insolvency
Bucharest's public transport operator STB issued 796 dismissal notices on Wednesday, 11 November 2026, and is scrapping 919 vacant posts while it faces insolvency and debts above 3 billion lei.
AI text based on reports by Libertatea, HotNews.ro, G4Media.ro and other publishers. Published . How it is made
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In brief
On Wednesday, 11 November 2026, 796 dismissal notices were issued, with severance of 20,000 to 40,000 lei depending on length of service. A further 919 vacant posts are being eliminated, leaving 8,428 posts.
STB has been in insolvency since 8 September 2026 and owes more than 3 billion lei. It recorded a loss of 765 million lei over ten months, and annual staff costs of 1.2 billion lei equal about 70% of revenues.
Bus and trolleybus drivers received 120 notices from 3,508 posts, and vatmani received 50 notices from 850 posts. Borza said some of those affected had disciplinary violations or were under criminal investigation for fuel theft.
- Reorganisation plan, MayStaff reduction of almost 800 posts first announced in the restructuring plan
- 8 SeptSTB enters insolvency
- 11 Nov796 dismissal notices issued and 919 vacant posts scrapped
Dismissals and post cuts
On Wednesday, 11 November 2026, Societatea de Transport București (STB), Bucharest's public transport operator, issued 796 dismissal notices. Each notice was paired with the removal of an equal number of posts from the organisational chart, and a further 919 vacant posts are being eliminated. Once the reorganisation is complete, STB will have 8,428 posts. Dismissed staff will receive severance of between 20,000 and 40,000 lei, with the exact sum set by length of service. The cuts were first announced in May as part of the restructuring plan, and the affected employees were informed of the decision on 11 November.
Remus Borza, representative of the judicial administrators' consortium made up of Euro Insol, Ceres Insolv and Turmac Insolvency, announced the notices. In the statement he said:
“Today, 11 November 2026, we communicated 796 dismissal notices, in parallel with eliminating an equal number of posts in the STB organisational chart.”
Finances behind the decision
The administrators describe STB's finances as extremely difficult. The company owes more than 3 billion lei, posted a loss of 765 million lei over the first ten months of 2026, and has a net negative cash position of 67 million lei. Annual staff costs of 1.2 billion lei make up about 70% of the company's total revenues. STB has been in insolvency since 8 September 2026. Borza warned that the company faces bankruptcy unless labour costs are cut:
“Without optimising labour costs, which currently amount to a financial effort of 1.2 billion lei a year, representing 70% of total revenues, STB risks bankruptcy.”
Which roles are hit
Notices went to 120 bus and trolleybus drivers, drawn from 3,508 posts, and to 50 vatmani, drawn from 850 posts. Among the eliminated posts, the largest cuts are 69 mechanical fitters (from 442), 58 cashiers (from 374), 44 data entry operators (from 145) and 37 welders (from 138). Smaller reductions cover 30 specialist clerks, 28 economists and accountants and 24 couriers.
- Mechanical fitters
- 69 posts
- Cashiers
- 58 posts
- Data entry operators
- 44 posts
- Welders
- 37 posts
- Specialist clerks
- 30 posts
- Economists and accountants
- 28 posts
- Couriers
- 24 posts
- Dispatchers
- 23 posts
- Statisticians
- 17 posts
- Car mechanics
- 16 posts
- Clerks
- 13 posts
- Stokers
- 12 posts
- Maintenance electricians
- 10 posts
- Legal advisers
- 7 posts
Data from the article text
Borza said some of the employees on notice had disciplinary violations, were under criminal investigation for fuel theft, were medically unfit, or had been found under the influence of alcohol. He also said some had abused sick leave while doing work for third parties, such as travel agencies and passenger transport companies.
Service continuity
STB puts about 1,250 buses, trolleybuses and trams into service each day, staffed by 4,358 drivers and vatmani. Borza said the dismissals would not change the service timetable.
Timeline of the restructuring
The staff reduction was announced in May as part of the reorganisation plan. STB entered insolvency on 8 September 2026, and the dismissal notices followed on 11 November.
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Sources and context
- Libertatea800 STB employees will be dismissed and will receive severance pay of up to 40,000 lei800 de angajați ai STB vor fi concediați și vor primi salarii compensatorii de până la 40.000 de lei · original in Romanian
- HotNews.roSTB dismisses nearly 800 employees, with severance pay between 20,000 and 40,000 lei. Hundreds of other posts abolishedSTB concediază aproape 800 de angajați, cu salarii compensatorii între 20.000 şi 40.000 lei. Alte sute de posturi, desființate · original in Romanian
- G4Media.roSTB has sent nearly 800 dismissal noticesSTB a transmis aproape 800 de preavize de concediere · original in Romanian
- Mediafax.roMass dismissals at STB. Hundreds of employees received notices. The company is threatened by bankruptcyConcedieri masive la STB. Sute de angajați au primit preavize. Compania este amenințată de faliment · original in Romanian
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