Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The electricity producer and supplier GazelEnergie, a subsidiary of the energy production and distribution group EPH, announced on 15 March that it would be cutting 219 jobs in France at its coal-fired power plants. 98 jobs will be lost at the Gardanne coal-fired power plant (Bouches-du-Rhône), 87 at the Saint-Avold power plant (Moselle), 27 at the Colombes head office (Hauts-de-Seine), and other jobs at various GazelEnergie property units. Both the Gardanna and Saint-Avold plants will be closed. Dismissals will entail both voluntary and compulsory redundancies.
GazelEnergie management explained that this decision is due to France deciding to close coal-based electricity plants to reduce carbon emissions.
Eurofound (2021), Gazel Energie, Closure in France, factsheet number 104407, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/104407.