Largest employers in Romania

The ranking of the biggest employers in Romania is still dominated by the industrial giants held by the state. Four of the largest 10 Romanian companies in terms of number of employees are still state-owned, a proof that the privatisation process is far from complete. Were it not for the major privatisations of the last two years, no less than eight of the top 10 largest employers in the economy would have been state-owned. In such case, RomTelecom, privatised at the hands of Greece”s OTE in 1998 and Sidex Galati, sold to Mittal Steel giant in 2001, would have been the only private companies in the top ten employers. The 40% proportion of state-run companies in the top ten biggest employers is also seen in the rest of the top 100 companies ranked in line with their number of employees. Largest employer in the economy is Petrom, with some 43,500 employees, down nearly 9,000 people from 2004, which can be explained by its reorganisation process. ZF