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.
Makroregion południowo-zachodni; Dolnośląskie; Miasto Wrocław
Location of affected unit(s)
Wrocław
Sector
Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
1,000 jobs Number of planned job creations
Announcement Date
18 March 2005
Employment effect (start)
Foreseen end date
Description
Spanish company Fagor plans to modernize its plant in Wrocław (Dolnośląskie), where it will further invest $30 million. The factory will produce washing machines and drying machines. Additionally, existing lines producing cookers and refrigerators will be extended. Fagor wants to invest PLN 131,4 million.
Sources
31 May 2005: Gazeta Wyborcza
18 March 2005: Rzeczpospolita
Citation
Eurofound (2005), Fagor, Business expansion in Poland, factsheet number 61318, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61318.