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.
OPAP, Greece’s sole sports betting and lottery group,announced a voluntary exit plan for 656 employees at its sites in Attica and Thessaloniki.
According to the sources the Organization of Football Prognostics offers a voluntary redundancy plan for about three-quarters of its staff at OPAP Services, located in Attica (Athens and Peristeri) and Thessaloniki in order to minimize costs. The timetable for submitting applications is June 30th to July 15th for the company’s 656 out of the 900 employees. The plan refers to all employees of OPAP Services having permanent contracts and continuous service over 18 months till 30 June 2014.
The company has not made any announcement however employee representatives confirmed the restructuring plan.
Eurofound (2014), OPAP Services, Internal restructuring in Greece, factsheet number 77305, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77305.