EMCC European Monitoring Centre on Change

Optima Telekom

Company/Organisation:
Optima Telekom

Geographic Location

Country: Croatia
Region: Grad Zagreb; Kontinentalna Hrvatska; Hrvatska
Location of affected unit(s): Zagreb

Company

Sector: Information / communication
Telecommunications
61.20 - Wireless telecommunications activities
Number Employed: 300
Group: Telemach United Group

Employment Effects

Announcement Date: 06-08-2022
Planned Job Reductions min: 120
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-08-2022
Direct Dismissals: 120

Additional Information

OT- Optima Telekoma, which is owned by Telemach, the local unit of Dutch multi-play and media provider United Group, announced on 6 August 2022 the lay-off of 120 workers as a part of its restructuring plan. In January 2022, Croatian telco Hrvatski Telekom and Zagrebacka Banka sold their 54.31% stake in fixed internet and pay-tv services provider OT-Optima Telekom to Telemach Hrvatska. Telemach, on behalf of United Group, had announced its intention to invest €130 million in modernising mobile network to improve the quality, expand the coverage and offer a full 5G experience to its customers. It was also going to invest €100 million to build a fiber optic network on which to deliver super-fast, high speed broadband internet. However, only half a year after the purchase and the investment announcement, as a part of a restructuring plan, mass layoffs of 120 of Optima Telekom's 300 workers were initiated. Until now, some workers have been offered personally conditional dismissal, but nowadays the collective redundancy procedure has started.

The Croatian Telecommunications Trade Union (CTTU) has hired a law firm that has been involved in monitoring the acquisition process. The CTTU firmly believes that such behaviour is contrary to recent judicial practice and EU directives, especially the Directive 2001/23 on Transfers of Undertakings. The CTTU will provide legal protection to all its members.

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