EMCC European Monitoring Centre on Change

Elvera

Company/Organisation:
Elvera

Geographic Location

Country: Finland
Region: Itä-Suomi; Manner-Suomi

Company

Sector: Construction
Construction
42.22 - Construction of utility projects for electricity and telecommunications
Number Employed: 310

Employment Effects

Announcement Date: 25-10-2017
Planned Job Reductions min: 33
Planned Job Reductions max: 40
Type of Restructuring: Internal restructuring
Direct Dismissals: 26
Other Job Reduction Measures: 7

Additional Information

The Finnish electric network contractor Elvera is initiating employer-employee negotiations to reduce approximately 40 jobs. The reason behind the reductions is the very tight competition between network contractors, which has left the company with an order book that cannot guarantee work for all employees in 2018. Elvera, currently based in Eastern and South-Eastern Finland only, says it is looking to expand its activities to new geographical areas and hopes to save as many jobs as possible. The company's employee representation hopes dismissals could be avoided through retirement and other arrangements.

Update 03/01/2018: The concluded employer-employee negotiations ended at seven retirements and 26 dismissals. The remaining approximately 270 staff have been given warning of potential temporary lay-offs.