Restructuring events
European Restructuring Monitor (ERM)
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.
Polish producer of footwear Gino Rossi announced that the company will cut 190 jobs throughout a collective dismissal programme by the end of June 2020. The dismissals will affect 120 employees at the production facility in Łosino and 70 employees at the warehouse in Bolesławice. The source reports that the restructuring programme is associated with the change of the main owner of the company's shares - 66% of shares were acquired by the CCC Group in 2019.
Gino Rossi was founded in 1992 in Słupsk, Poland. The company specialises in the production of footwear and leather accessories, including handbags, bags and briefcases. Gino Rossi has a shop network in Poland and abroad, including Berlin and Prague.
Eurofound (2020), Gino Rossi, Merger/Acquisition in Poland, factsheet number 100034, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100034.
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