Type
Other
Country
Poland
Region
Polnocny; Warminsko-Mazurskie;
Location of affected unit(s)
Pisz
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31 - Manufacture of furniture

700 jobs
Number of planned job losses
Job loss
Announcement Date
26 March 2005
Employment effect (start)
Foreseen end date

Description

Holzwerk, producer of wooden elements, went bankrupt in 2004. The company was given three months to settle with its creditors. Holzwerk's situation improved and production was resumed, until a fire destroyed its premises in Pisz (Warmińsko – Mazurskie).


Sources

  • 26 March 2005: Rzeczpospolita

Citation

Eurofound (2005), Holzwerk, Other in Poland, factsheet number 61350, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61350.