Maxer

Type
Bankruptcy
Country
Poland
Region
Makroregion północno-zachodni; Wielkopolskie; Miasto Poznań
Location of affected unit(s)
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
400 jobs
Number of planned job losses
Job loss
Announcement Date
1 March 2005
Employment effect (start)
Foreseen end date
31 May 2005

Description

Management board of the building company Maxer announced bankruptcy. Maxer wants to settle with its creditors. The company also plans to back out from some unprofitable contracts, previously signed.

Sources

  • 1 March 2005: Rzeczpospolita

Citation

Eurofound (2005), Maxer, Bankruptcy in Poland, factsheet number 61267, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61267.