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 35.2 - Manufacture of gas; distribution of gaseous fuels through mains
100 - 150 jobs Number of planned job losses
Announcement Date
17 November 2011
Employment effect (start)
1 December 2011
Foreseen end date
1 December 2014
Description
On 17 November 2011 Gasunie, a European gas infrastructure company, announced it will cut between 100 and 150 jobs in the coming three years. The exact timeline of the restructuring programme is not yet known.
Background is a ruling by the Dutch competition authority (NMA) that Gasunie has charged excessive prices to its customers in the period 2006-2009. Gasunie will have to pay back around 400 million euros. The restructuring measure is meant to result in cost savings of 60 million euros.
Gasunie maintains high pressure gas pipeline networks in the Netherlands and northern Germany.
Sources
17 November 2011: NRC Handelsblad
16 November 2011: gasunie - press release
Citation
Eurofound (2011), Gasunie, Internal restructuring in Netherlands, factsheet number 72901, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72901.
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