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.
Hellenic Petroleum, one of the leading energy groups in South Eastern Europe, is recruiting 170 employees at its refineries in Elefsina and Aspropyrgos (Attiki). According to media sources, the Administrative Board of Hellenic Petroleum decided at a meeting held on Thursday, January 21st to proceed with 170 recruitments over the next three years. According to most recent announcements (January 27th) the profiles sought are those of maintenance technicians, field technicians as well as electricians and operators.
Hellenic Petroleum is owned by Paneuropean Oil and Industrial Holdings S.A. (42.6%) and the Hellenic Republic Asset Development Fund (35.5%) with the remaining held by institutional (15,3%) and private investors (6,6%).
Eurofound (2016), Hellenic Petroleum, Business expansion in Greece, factsheet number 86335, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/86335.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
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