Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35 - Electricity, Gas, Steam And Air Conditioning Supply

200 jobs
Number of planned job losses
Job loss
Announcement Date
2 December 2024
Employment effect (start)
28 February 2025
Foreseen end date

Description

German energy company Eon is downsizing its operations in Sweden and plans to cut 200 jobs in Sweden, which corresponds to 6 percent of Eon's total 3,500 employees in the country. The reorganisation of the Swedish operations is scheduled to be completed in February 2025.

Eon is reorienting its activities. Sale and installation of solar panels and heating and cooling solutions for individuals and businesses are discontinued. At the same time, Eon is investing heavily in other areas, with planned investments of around SEK 6 billion (Approx €522 million) annually in the electricity grid. The Eon is also planning a new biofuel-fired heating plant in Malmö.


Sources

Citation

Eurofound (2024), Eon, Internal restructuring in Sweden, factsheet number 202069, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202069.