NEORIO SYROU

Type
Internal restructuring
Country
Greece
Region
Nisia Aigaiou, Kriti; Notio Aigaio; Andros, Thira, Kea, Milos, Mykonos, Naxos, Paros, Syros, Tinos
Location of affected unit(s)
Syros Island
Sector
Construction
42 - Civil engineering
42 - Civil engineering
42 - Civil engineering
82 jobs
Number of planned job losses
Job loss
Announcement Date
30 March 2006
Employment effect (start)
22 May 2006
Foreseen end date
1 December 2006

Description

Neorio Syrou, the construction company, has announced the collective dismissal affecting about 82 employees. The decision was strongly criticised by the local unions, given that the unemployment quota is very high in the island.

Sources

  • 30 March 2006: Ethnos

Citation

Eurofound (2006), NEORIO SYROU, Internal restructuring in Greece, factsheet number 64428, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64428.