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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.29 - Other transportation support activities
136 jobs Number of planned job losses
Announcement Date
10 December 2019
Employment effect (start)
1 January 2020
Foreseen end date
Description
Abertis Autopistas España, the subsidiary of the Spanish toll management company, agreed with UGT and USO unions a labour force adjustment affecting 136 employees (all of them linked to toll collection on motorways). This decision comes after the current Spanish Government decided to make two important motorways (Valencia-Alicante and Seville-Cadiz) free to use, consequently terminating the Abertis concession which managed them.
Compensation agreed with unions is the maximum stipulated by law (45 days per year worked with a maximum of 42 months for workers hired before 2012, and 33 days per year worked with a maximum of 34 months for workers hired since 2012). In addition, the agreement includes other complementary measures: medical insurance for one year and special agreement foraffected workers who are 55 years old or older.
Eurofound (2019), Abertis, Closure in Spain, factsheet number 99489, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99489.
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