Eesti; Kirde-Eesti;
Location of affected unit(s)
Ida-Virumaa county
Mining / Quarrying
Mining And Quarrying
Other Mining And Quarrying
08 - Other mining and quarrying

290 jobs
Number of planned job losses
Job loss
Announcement Date
18 January 2012
Employment effect (start)
18 January 2012
Foreseen end date
1 January 2013


Eesti Energia, a state-owned energy company which has over 7,500 employees in Estonia, is closing down its Aidu mine with the loss of 290 jobs. The closure is due to the exhaustion of the mine's oil shale deposits . 61 out of the 351 employees of the Aidu quarry will continue work in Narva quarry. 290 workers will be made redundant, 74 of which can take retirement.

The work in the quarry will be ended gradually and the staff will be made redundant in stages. Work in the quarry will end by August 1, 2012 and the quarry will be fully closed by January 1, 2013.

The company has a development fund of 1 million euros to help staff to cope with the changes; staff will also receive redundancy payments that exceed 1.5 million euros. The company is cooperating with the Estonian Unemployment Insurance Fund to help employees to find new jobs.


  • 18 January 2012: Delfi


Eurofound (2012), Eesti Energia, Closure in Estonia, factsheet number 72987, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72987.