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.
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35.1 - Electric power generation, transmission and distribution
100 - 600 jobs Number of planned job losses
Announcement Date
26 November 2015
Employment effect (start)
27 November 2015
Foreseen end date
25 November 2018
Description
The HSE Group is the largest producer and trader with electricity on the wholesale market in Slovenia. The hydropower plants, thermal power plants and a coalmine united into a single brand name – the HSE Group – together produce a large share of electricity in Slovenia. The chief management staff of HSE in Ljubljana, Osrednjaslovenska region, announced considerable lay-offs until 2018. Construction costs of a new coal based thermo power plant in Šoštanj considerably exceeded planned investments, so the company decided to decrease its labour costs by making 600 workers redundant in the next three years.
In response to company’s announcement in November 2015, the trade union from hydroelectric power plants, Dravske elektrarne Maribor (DEM), organized a protest. Trade union assesses that such a reduction of workforce may endanger the normal operation of power plants. In the case of DEM, half of employees to be dismissed will be retired.
Sources
26 November 2015: Dnevnik
1 December 2015: Dnevnik
26 November 2015: Delo
Citation
Eurofound (2015), HSE, Internal restructuring in Slovenia, factsheet number 85795, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/85795.
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