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.
Vattenfall Eldistribution, a firm that distributes and sells electricity and is a part of the Vattenfall group, is to close 24 offices across Sweden with the loss of 216 jobs. The services offered by the sites affected by the closure are to be moved to Stockholm, and all affected employees are to be offered the opportunity to move to Stockholm. Several trade unions have criticized the relocation plan. The firm's original plan was to implement 350 job losses but trade union opposition had the effect of reducing this number to 216. The scheduled job losses will be implemented by the end of 2007. Vattenfall Eldistribution employs 800 in Sweden.
Eurofound (2007), Vattenfall Eldistribution, Relocation in Sweden, factsheet number 65775, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65775.