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.
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35.1 - Electric power generation, transmission and distribution
120 jobs Number of planned job losses
Announcement Date
8 October 2010
Employment effect (start)
1 November 2010
Foreseen end date
Description
Finnish energy company Fortum is to outsource 120 persons from its electricity network services in Finland to Eltel and Empower, this decision will be effective on 1.11.2010.
The outsourcing pertains to Electricity Solutions and Distribution division and includes installation, maintenance, and planning of electricity networks. The company states that it wants to focus on the division's core functions, which include planning, building, and use of networks. Of the 120 persons, 80 will move to Empower and 40 to Eltel. Outsourcing affects various locations in Finland. Total employment in the division has been about 1700 persons (2009).
Eurofound (2010), Fortum Electricity Solutions and Distribution, Outsourcing in Finland, factsheet number 71022, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71022.
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