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 Motor Vehicles, Trailers And Semi-Trailers 29.32 - Manufacture of other parts and accessories for motor vehicles
600 jobs Number of planned job creations
Announcement Date
24 March 2021
Employment effect (start)
1 September 2021
Foreseen end date
Description
Chinese stainless steel wire processing company Tenglong Polska, a subsidiary of Tenglong Stainless Steel Products Group, has announced that it will create 600 jobs at its new production facility in Bieruń in 2021. On 23 March 2021, the company started the construction of the plant which is expected to be operational in September 2021. The company is to invest PLN 100 million (€21.96 million) in the project. The factory will be located in the Katowice Special Economic Zone.
Tenglong Stainless Steel Products Group was founded in 1993; it specialises in steel wire, stainless steel fasteners, machinery and equipment manufacturing.
Eurofound (2021), Tenglong Polska, Business expansion in Poland, factsheet number 104788, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104788.
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