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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 21.2 - Manufacture of basic pharmaceutical products and pharmaceutical preparations 22.29 - Manufacture Of Other Plastic Products
400 jobs Number of planned job creations
Announcement Date
2 March 2024
Employment effect (start)
31 December 2024
Foreseen end date
Description
Kingfa, a manufacturer and supplier of biodegradable granulate, will open a factory in Szprotawa where it will initially employ 100 and eventually 400 people. The new factory will produce biodegradable plastic granulate, which is used in the white goods, automotive and electronics industries, and will also create a research and development centre for the production of new technologies. This will be the company's second plant in Europe. It is scheduled to open between 2024 and 2025. Production and research staff (at the science centre) will be employed. Kingfa is a Chinese manufacturer of modified plastics, special engineering plastic, fine chemical materials, biodegradable materials, wood plastic composites, carbon fiber, composite materials and other products, founded in 1993.
Eurofound (2024), Kingfa , Business expansion in Poland, factsheet number 200929, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200929.
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