Romania Seeks to Save Jobs Imperiled by Sanctions Against Russia
- Workers at local unit of Russia’s TMK didn’t get paid on time
- Pipemaker’s supplies to carmarkers, construction firms at risk
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Romania is looking for ways to protect around 2,500 jobs at the local unit of Russian steel-pipes manufacturer TMK PJSC, which was hit by sanctions against billionaire Dmitry Pumpyansky.
The employees of TMK Artrom haven’t received wages and the company cannot pay suppliers as its accounts have been frozen, according to local trade union leaders and politicians.