Type
Bankruptcy
Country
Sweden
Region
Västsverige; Västra Götalands län;
Location of affected unit(s)
Göteborg
Sector
Utilities
Water Supply; Sewerage, Waste Management And Remediation Activities
Waste Collection, Treatment And Disposal Activities; Materials Recovery
38 - Waste collection, treatment and disposal activities; materials recovery

96 jobs
Number of planned job losses
Job loss
Announcement Date
10 September 2013
Employment effect (start)
31 December 2013
Foreseen end date
31 December 2014

Description

Renova, a waste management and recycling company in western Sweden, has announced a reduction of 96 jobs. The measure is due to the ongoing economic recession and increased competition.

Renova employs 933 people in Gothenburg; the reduction will start during the upcoming year, with a combination of natural attrition, early retirements, transfers and dismissals. 


Sources

  • 10 September 2013: Renova Press release
  • 10 September 2013: Sveriges Radio

Citation

Eurofound (2013), Renova, Bankruptcy in Sweden, factsheet number 75842, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75842.