Type
Bankruptcy
Country
Greece
Region
Attiki;
Location of affected unit(s)
Athens
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications

150 jobs
Number of planned job losses
Job loss
Announcement Date
7 November 2008
Employment effect (start)
20 November 2008
Foreseen end date
20 January 2009

Description

According to the source, about 150 workers in Altec Telecoms (one of the largest Telecommunications Networks in Greece offering a wide variety of products and services in the following sectors: Fixed telephony, Internet connection & VPN, Broadband services) are being kept in a situation where they are unpaid, and without any intention from the employer to fire them.

For the record Altec Telecoms has submitted an application for bankruptcy.


Sources

  • 7 November 2008: Kathimerini

Citation

Eurofound (2008), Altec Telecoms, Bankruptcy in Greece, factsheet number 67343, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67343.