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 - Electricity, gas, steam and air conditioning supply
130 jobs Number of planned job losses
Announcement Date
14 April 2005
Employment effect (start)
14 April 2005
Foreseen end date
31 December 2005
Description
The redundancy programme of Complexul Energetic Turceni in Turceni (Sud-Vest region, Gorj county) that was launched on 14 April 2005 will involve laying off 130 people.
Complexul Energetic Turceni is a state owned company that produces and delivers electric energy and heat energy based on white lignite. In addition, the company extracts and prepares inferior quality coal.
Data released by the Office of State Ownership and Privatisation in Industry (Oficiul Participaţiilor Statului şi Privatizării în Industrie, OPSPI), showed that company’s turnover in the first half of 2004 was worth 33.6 million euro but the net results were negative.
The government also intends to establish a privatisation strategy for the company.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
