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.
As a result of personnel negotiations, Spar Finland will give notice to 217 employees and close down 29 food retail shops. The personnel negotiations concerned all 1,020 employees of the group.
Of those dismissed the majority are store employees, only seven work in the corporate headquarters. Most of the older employees will start the so-called unemployment pension tube.
During the six weeks of negotiations, the number of dismissals diminished. Most of the Spar personnel were re-employed at regional retail co-operatives, especially in the HOK-Elanto, which is growing its network in the Helsinki region, and in the retail co-operative Hämeenmaa. The employees of bigger Eurospar shops in these areas were taken on as old employees.
Spar Finland is going to close down 29 Spar shops, of which four are Eurospars. The Eurospar shops to be closed are in Kemi, Kempele, Rovaniemi and Lahti.
The locations of the Spar shops in the Helsinki region:
Vantaa: Hakunila
Helsinki: Jakomäki,
Malminkartano
Mellunmäki
Pohjois-Haaga
Albertinkatu
Maunula, Suursuo
Espoo: Suvela
The other Spar retail shops to be closed are situated in different parts of the country. Spars will close in Kello in Haukiputaa, Kiiminki, Mänttä, Ii, Muhos, Sodankylä, Loppi, Varkaus, Pieksämäki, Karkkila, Joutsa, Viitasaari, Haapajärvi, Nivala, Hyrynsalmi, Lappeenranta and Parainen.
Eurofound (2006), Spar, Internal restructuring in Finland, factsheet number 63244, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63244.
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