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.
ATB Tamel, a manufacturer of electric motors, will lay off 200 people (25% of the workforce) from its factory in Tarnow.
The decision to make redundancies is due to the company's deteriorating financial situation; the redundancies are to be carried out until the end of the year; the reduction in employment will affect employees of the liquidated Cast Iron Foundry Department. The first to be made redundant will be employees who have acquired pension rights, those on fixed-term and civil law contracts, and prisoners; the last will be employees on permanent employment contracts.
The ATB Tamel electric motor factory is part of the Chinese Wolong Holding Group. The Tarnów-based company was previously owned by ATB Austria Antriebstechnik.
Eurofound (2023), ATB Tamel, Internal restructuring in Poland, factsheet number 200228, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200228.