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 Of Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24.10 - Manufacture Of Basic Iron And Steel And Of Ferro-Alloys
166 - 170 jobs Number of planned job losses
Announcement Date
19 April 2024
Employment effect (start)
1 July 2024
Foreseen end date
31 March 2025
Description
GE Power, the energy technology company, will lay off around 170 people from its plant in Elbląg, Poland.
The steel foundry will be closed, with declining production cited as the reason. The redundancies will start at the beginning of July and will last until the end of March 2025, employees of the foundry will be made redundant. The intention to make group redundancies has been notified to the Labour Office, there are no agreements with the trade unions yet.
GE Power is part of US giant General Electric. Its steel foundry had been operating in Elbląg since 1948.
Eurofound (2024), GE Power, Internal restructuring in Poland, factsheet number 201085, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201085.
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