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.
Manufacturing Manufacture For Transport Equipment Manufacture Of Other Transport Equipment 30.92 - Manufacture of bicycles and invalid carriages
124 jobs Number of planned job losses
Announcement Date
30 March 2020
Employment effect (start)
Foreseen end date
31 March 2020
Description
The Polish producer of bikes and motorcycles Arkus & Romet Group announced that it will cut 124 jobs throughout a collective dismissal programme at its production facility in Dębica by the end of March 2020. The redundancies will affect all departments of the company. The decision is associated with the COVID-19 pandemic; as the company reveals, the pandemic hits the bicycle industry severely, because it occurs shortly after a period of steady industry growth.
Arkus & Romet has been operating since 1991; the company has markets in Germany, Austria, Belgium Sweden, the UK, Spain and Poland.
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