STB issues 796 redundancy notices and eliminates 919 vacant positions amid debts exceeding 3 billion lei

Bucharest Transport Company (STB) issued 796 redundancy notices on Wednesday, November 11, 2026, as part of a sweeping reorganization plan aimed at reducing the company’s losses and costs. In addition, 919 vacant positions will be eliminated, while the new organizational structure will include 8,428 positions.

The announcement was made by Remus Borza, a representative of the consortium of judicial administrators Euro Insol, Ceres Insolv and Turmac Insolvency. According to him, STB has debts exceeding 3 billion lei, losses of 765 million lei in the first ten months of the year, and negative net treasury of 67 million lei.

The restructuring targets administrative, technical and support positions, as well as 120 bus and trolleybus drivers and 50 tram drivers. Borza maintains that the layoffs will not affect the transport schedule, as the company operates approximately 1,250 vehicles daily, served by 4,358 bus, trolleybus and tram drivers.

Laid-off employees will receive severance payments ranging from 20,000 to 40,000 lei, depending on their length of service. Management warns that, without reducing personnel expenses, estimated at 1.2 billion lei annually, STB risks bankruptcy. The consortium says the representative trade union was consulted throughout the process.