Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Construction
43 - Specialised construction activities
43.2 - Electrical, plumbing and other construction installation activities
43.21 - Electrical installation

50 jobs
Number of planned job losses
Job loss
Announcement Date
29 May 2026
Employment effect (start)
29 August 2026
Foreseen end date
31 December 2026

Description

Urbasolar, an Axpo subsidiary specialising in photovoltaic solutions, is cutting 50 jobs from its total workforce of 425 in France. This was due to the changing economic and legislative context. Notably, the third French multi-energy programme had lower targets than expected. The number of public tenders has also decreased. The profitability of many projects is under threat due to significant delays in transmission and distribution networks. Additionally, high competition in the European market and low capture prices due to overproduction are limiting profitability. Management is currently negotiating the job-saving plan with social partners.


Citation

Eurofound (2026), Urbasolar, Internal restructuring in France, factsheet number 300515, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300515.