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.
Different locations in Spain, paricularly in Catalonia
Sector
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35.11 - Production Of Electricity
361 jobs Number of planned job losses
Announcement Date
18 April 2024
Employment effect (start)
26 June 2024
Foreseen end date
2 July 2024
Description
SolarProfit, a Spanish company based in Mataró (Barcelona, Catalonia) and dedicated to the installation of photovoltaic installations in homes and companies for self-supply electricity purposes, has closed the employment regulation file (ERE) announced in April 2024. This ERE has led to the dismissal of 361 workers, amounting to 90% of its total workforce.
In 2023, the company lost 36.7 million euros and reduced its income by more than 28 million euros , mainly due to the fall in the demand of these photovoltaic installations experienced in Spain.
Eurofound (2024), Solarprofit, Internal restructuring in Spain, factsheet number 201367, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201367.
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