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.
Financial / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64.1 - Monetary intermediation 64.19 - Other monetary intermediation
112 jobs Number of planned job losses
Announcement Date
14 March 2006
Employment effect (start)
3 April 2006
Foreseen end date
31 December 2006
Description
Attiki Bank announced its plan to introduce a voluntary exit scheme affecting about 10% of its total workforce. The implementation will be completed till the end of 2006. According to the latest information, the internal restructuring measures are expected to be followed by a merger or acquisition.
Sources
14 March 2006: Kathimerini
Citation
Eurofound (2006), ATTIKI BANK, Internal restructuring in Greece, factsheet number 64419, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64419.