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.
Tauron Polska Energia, a Polish group of energy companies, is introducing a program of voluntary redundancies and estimates that approximately 1,500 employees will leave by the end of 2012. Some 726 employees are estimated to become redundant by the end of 2010.
Some companies within the group started introducing the program in June and each company may introduce its own means of implementation. Two of them, Enion and Energa Pro are introducing early retirements and redundancy compensation allowances (designed for employees who have not yet acquired the right to retire). PKE, on the other hand, is introducing a program aimed at lowering labour costs, which targets only those employees who have already acquired the right to retirement pension.
Tauron Polska Energia is one of the largest groups in the energy sector with 28,000 employees.
Eurofound (2010), Tauron Polska Energia, Internal restructuring in Poland, factsheet number 70863, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70863.