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.
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35 - Electricity, gas, steam and air conditioning supply
400 jobs Number of planned job losses
Announcement Date
30 August 2005
Employment effect (start)
Foreseen end date
31 December 2007
Description
Pątnów-Adamów-Konin (PAK) power plant group produces nearly 12% of the country's electricity and is the second-largest producer of electricity obtained from brown coal in Poland. Trade unions in PAK declared that a collective dispute was going on with the management. The company is to fire 400 people. The management does not wish to comment the situation. it admitted that a job reduction programme is being prepared as well as a reduction of power capacity.
A social packet signed in 2000 by investor Elektrim company guarantees a 10 years employment for PAK workers, therefore, dismissed people will benefit from high redundancy payments.
Sources
30 August 2005: Rzeczpospolita
Citation
Eurofound (2005), Zespół Elektrowni Pątnów - Adamów - Konin (PAK), Internal restructuring in Poland, factsheet number 62165, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62165.
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