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.
Renfe, the public company specialised in passenger and freight transport by railways, is to make 350 workers redundant.
Negotiations with worker representatives have not yet started.
Renfe will be divided in four companies on the 1st of January of 2014: Renfe travellers (8,900 employees), Renfe freight (1,700 employees), Renfe manufacture and maintenance (3,350 employees) and a new company specialized in renting railway material. On the other hand, 662 employees will remain in the current company.
At the same time, the railway company Adif also announced dismissals in Spain.
Eurofound (2013), Renfe, Internal restructuring in Spain, factsheet number 76371, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76371.