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.
Electricity 35 - Electricity, gas, steam and air conditioning supply 35 - Electricity, gas, steam and air conditioning supply 35 - Electricity, gas, steam and air conditioning supply
130 jobs Number of planned job losses
Announcement Date
7 August 2006
Employment effect (start)
Foreseen end date
Description
On 7 August 2006 it was published that the German energy distribution and service group MVV Energie (Mannheimer Versorgungs- und Verkehrsgesellschaft Energie AG) decided to reorganise the groups internal services division and to cut up to 130 jobs within the next five years. The Mannheim-based MVV Energie is shareholder of several municipal energy providers whose internal services divisions will be affected.
Sources
7 August 2006: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2006), MVV Energie, Internal restructuring in Germany, factsheet number 63877, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63877.