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 Coke And Refined Petroleum Products Manufacture Of Coke And Refined Petroleum Products 19 - Manufacture of coke and refined petroleum products
300 - 500 jobs Number of planned job losses
Announcement Date
12 April 2005
Employment effect (start)
Foreseen end date
30 June 2005
Description
Management of PKN Orlen, the largest Polish fuel company, presented its restructuring plan to the workers. The document assumes the liquidation of twelve regional subsidiaries and, at the same time the creation of three new plants in Łodź, Poznań and Katowice. Unions declared that Orlen's financial situation is very good and that there is no reason for firing few hundred people within three months.
Sources
8 June 2005: Gazeta Wyborcza
12 April 2005: Rzeczpospolita
Citation
Eurofound (2005), PKN Orlen, Internal restructuring in Poland, factsheet number 61417, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61417.
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