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.
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.
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