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.
Mining / Quarrying Mining And Quarrying Mining Of Coal And Lignite 05 - Mining of coal and lignite
European Globalisation Fund (EGF)
Year: 2017, Case number: 1
402 jobs Number of planned job losses
Announcement Date
17 March 2014
Employment effect (start)
Foreseen end date
Description
Spanish coal mining company Hullera Vasco Leonesa is to apply a labour force adjustment (ERE) affecting its entire workforce (402 workers). In addition, about 900 employees of subcontracted companies will be affected.
The company has justified the measure with the drop in sales and the end of the state aids.
The union CCOO has rejected the measure. They argue that the drop in sales is associated with cyclical adjustments and that the economy will recover. Moreover, CCOO link the measure to the problems with renewing the company’s collective agreement.
Sources
17 March 2014: Expansión
Citation
Eurofound (2014), Hullera Vasco Leonesa, Closure in Spain, factsheet number 76742, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76742.
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