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.
The Finnish electricity production company, Helen, has entered cooperation negotiations that might lead to a cut of up to 125 jobs. Approximately 795 persons are within the scope of the negotiations.
According to the company, the negotiations are a part of internal restructuring measures aiming at strengthening the conditions for profitable and sustainable growth. In addition to job cuts, the negotiations could lead to changes in employees' working time, employment contracts or work tasks.
Simultaneously, Helen has started a planning process of integrating its subsidiary Väre into the parent company.
In 2024, Helen had a total of 777 employees in some type of employment relationship. Recent restructuring at Helen occurred in 2021, Helen 2021 - FI.
Eurofound (2026), Helen, Internal restructuring in Finland, factsheet number 204000, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204000.