National Sugar Company

Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
Sokołów, Borowiczki, Żnin, Klemensów
Sector
Manufacturing
(10 - 11) Manufacture of food and beverage
10.8 - Manufacture of other food products
10.81 - Manufacture of sugar
700 jobs
Number of planned job losses
Job loss
Announcement Date
23 April 2004
Employment effect (start)
30 April 2006
Foreseen end date

Description

It is estimated that the Polish National Sugar Company has a production overcapacity of about 40%. In order to return to profitability, a restructuring programme has been set up. It involves the closure of 4 of the 22 production sites of the company: Borowiczki, Sokołów, Żnin, Klemensów. Discontinuation of production at these four sugar refineries will entail the dismissal of some 700 employees. According to the collective agreement the dismissals will start from 30 April 2006.

Sources

  • 12 May 2004: Rzeczpospolita
  • 23 April 2004: Rzeczpospolita

Citation

Eurofound (2004), National Sugar Company, Internal restructuring in Poland, factsheet number 60354, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60354.