Restructuring events
European Restructuring Monitor (ERM)
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.
One year after the partial privatisation of Slovak Power Stations by Italian Enel, the company will reduce its staff again. According to the information from the trade unions, around 1,000 employees will be redundant from the current staff consisting of 6,500 employees till the end of 2007. Cuts in employment are caused by the reduction of administrative staff in the company as well as by the reduction of production in some coal power stations in Slovakia, which are corresponding to the implementation of EU environmental standards concerning the air pollution. Beside the black coal power station in Vojany the reduction will concern also the brown coal power station in Nováky.
Eurofound (2007), Slovenské elektrárne, Internal restructuring in Slovakia, factsheet number 65095, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65095.
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