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.
Information / Communication Information Communication Services Telecommunications 61.20 - Wireless telecommunications activities
120 jobs Number of planned job losses
Announcement Date
6 August 2022
Employment effect (start)
1 August 2022
Foreseen end date
Description
OT- Optima Telekoma, which is owned by Telemach, the local unit of Dutch multi-play and media provider United Group, announced on 6 August 2022 the lay-off of 120 workers as a part of its restructuring plan. In January 2022, Croatian telco Hrvatski Telekom and Zagrebacka Banka sold their 54.31% stake in fixed internet and pay-tv services provider OT-Optima Telekom to Telemach Hrvatska. Telemach, on behalf of United Group, had announced its intention to invest €130 million in modernising mobile network to improve the quality, expand the coverage and offer a full 5G experience to its customers. It was also going to invest €100 million to build a fiber optic network on which to deliver super-fast, high speed broadband internet. However, only half a year after the purchase and the investment announcement, as a part of a restructuring plan, mass layoffs of 120 of Optima Telekom's 300 workers were initiated. Until now, some workers have been offered personally conditional dismissal, but nowadays the collective redundancy procedure has started.
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