Type
Internal restructuring
Country
Greece
Region
Location of affected unit(s)
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35 - Electricity, gas, steam and air conditioning supply

1,600 jobs
Number of planned job losses
Job loss
Announcement Date
4 May 2006
Employment effect (start)
1 June 2006
Foreseen end date
31 December 2010

Description

Public Power Corporation, the only provider of electricity in Greece, announced the launch of a voluntary exit scheme, which is expected to result in retiring some 1,600 employees within the next four years.


Sources

  • 4 May 2006: Express

Citation

Eurofound (2006), Public Power Corporation (DEI), Internal restructuring in Greece, factsheet number 64436, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64436.