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.
Mining / Quarrying Mining And Quarrying Mining Support Service Activities 09.1 - Support activities for petroleum and natural gas extraction
50 - 75 jobs Number of planned job losses
Announcement Date
29 August 2014
Employment effect (start)
1 October 2014
Foreseen end date
Description
Petroleum services company Apply Sørco has informed its staff that 50-75 employees will be dismissed. CEO Peder Sortland underscores that this is an early figure, which will be discussed further with the union. The dismissals will mostly affect onshore personnel. The dismissals in Apply Sørco follow several other restructurings in the Norwegian petroleum services industry, as a result of major projects being postponed by Statoil and other oil companies.
Sources
Citation
Eurofound (2014), Apply Sørco, Internal restructuring in Norway, factsheet number 77589, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77589.
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