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.
Τhe Public Power Corporation S.A. (PPC), launched a voluntary redundancies programme, which is expected to include from 300 to 400 employees. The programme announced by the PPC on 8 December of 2022 and will be completed by 15 February 2023. The programme is addressed mainly to administrative staff, aged around 58 years.
The company provide financial incentives to employees, aiming at reducing operating costs and renewing its staff. The maximum amount that an employee can receive by participating in the voluntary exit program is €45,000.
Eurofound (2022), Public Power Corporation (PPC), Internal restructuring in Greece, factsheet number 108226, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108226.