LiuGong Dressta Machinery

Type
Internal restructuring
Country
Poland
Region
Makroregion wschodni; Podkarpackie; Tarnobrzeski
Location of affected unit(s)
Stalowa Wola
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.9 - Manufacture of other special-purpose machinery
28.92 - Manufacture of machinery for mining, quarrying and construction
120 jobs
Number of planned job losses
Job loss
Announcement Date
15 July 2020
Employment effect (start)
15 July 2020
Foreseen end date

Description

China-based global manufacturer of heavy construction equipment LiuGong Dressta Machinery has announced that it will cut 120 jobs throughout a collective dismissal programme at its production facility in Stalowa Wola, Poland. The programme will affect 48 production and 72 office staff. The programme is related to the COVID-19 pandemic and a drop in demand; the programme was registered by the company at the local employment agency in Stalowa Wola. The conditions of the programme were negotiated with the local trade unions.

The factory in Stalowa Wola has been operating since 1937. Currently, the factory employs about 1,000 employees. Dressta was acquired by LiuGong Machinery and renamed LiuGong Dressta Machinery in 2012.

Sources

Citation

Eurofound (2020), LiuGong Dressta Machinery, Internal restructuring in Poland, factsheet number 101487, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101487.