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.
The Polish mining equipment manufacturer Famur announced that it will close its production facility in Piotrków Trybunalski, Poland, and will relocate its production to the plants in Katowice and Nowy Sącz. As a result, 198 people will be made redundant throughout a collective dismissal programme. Around 37 employees will be able to keep their jobs if they agree to move to the other plants of the company. The restructuring is associated with COVID-19 pandemic; according to the company, the pandemic has resulted in a drop in demand for the mining machinery. Furthermore, Poland’s mining industry is under restructuring due to environmental concerns and it is very likely that in the near future many mines will be shut down, or they will function with reduce operations.
Famur was founded in 1897. The company provides longwall systems, road heading systems, underground and surface transport systems, open-pit mining machines as well as equipment for mass transport and material handling.
In April 2020, the company registered an event of jobs cuts in its production plants in Katowice and Rybnik (in total 288 jobs cut).
Eurofound (2020), Famur, Closure in Poland, factsheet number 101650, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101650.
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