Steag

Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Electricity
35 - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
200 jobs
Number of planned job losses
Job loss
Announcement Date
6 October 2011
Employment effect (start)
6 October 2011
Foreseen end date
31 December 2013

Description

Electricity producer STEAG announced to implement a new restructuring programme that includes plans for cutting around 200 job until 2013. Additionally, starting in 2015 power plant closures will put another 400 jobs at risk.

Citation

Eurofound (2011), Steag, Internal restructuring in Germany, factsheet number 72474, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72474.