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.
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35.2 - Manufacture of gas; distribution of gaseous fuels through mains
560 jobs Number of planned job losses
Announcement Date
28 August 2004
Employment effect (start)
1 September 2004
Foreseen end date
31 December 2004
Description
A long-term transformation process takes place in the Slovak Gas Industry. During the second stage of the company restructuring a staff reduction of about 10% is planned before the end of 2004. At the same time, some new jobs will be offered in the newly created departments. Employees threatened by dismissal can apply for these jobs. According to collective agreements, the dismissed employees will benefit from compensation programmes.
Sources
28 August 2004: SME
Citation
Eurofound (2004), Slovak Gas Industry, Internal restructuring in Slovakia, factsheet number 60528, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60528.
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