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.
Electricity 35 - Electricity, gas, steam and air conditioning supply 35 - Electricity, gas, steam and air conditioning supply 35 - Electricity, gas, steam and air conditioning supply
276 jobs Number of planned job losses
Announcement Date
1 June 2005
Employment effect (start)
1 June 2005
Foreseen end date
31 December 2006
Description
Ignalina Nuclear Power Plant in Visaginas intends to dismiss 276 employees. Seventy-six employees will be laid off by the end of 2005 and the rest by the end of 2006. Lithuania, following its integration to the EU, was obliged to decommission the first unit of Nuclear Power Plant by the end of 2005.
Sources
1 June 2005: Lietuvos Rytas
Citation
Eurofound (2005), Ignalina Nuclear Power Plant, Internal restructuring in Lithuania, factsheet number 61729, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61729.