Annual report 2019

3g Restructuring provision

On 14 December 2018, the Group finalized negotiations with trade union organizations operating in the Group and concluded an agreement on defining the rules with reference to the matters concerning employees in connection with the group layoffs process. Group layoffs will be performed following the transfer of the RBPL Core Business.

In connection with the agreement concluded in December 2018, the Group created restructuring provision to cover the costs of employment reduction and closure of branches.

Search results