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 Wood And Paper Materials Manufacture Of Paper And Paper Products 17 - Manufacture of paper and paper products
250 jobs Number of planned job creations
Announcement Date
9 June 2005
Employment effect (start)
Foreseen end date
Description
DS Smith Group is constructing a new production plant in the Kutno Sub-Zone of Åódź Special Economic Zone. The envisaged investment outlays amount to €25 million. The plant, which takes up 6.3 hectares, will employ 250 workers. DS Smith is a leading producer of cardboard packaging and plastic boxes on the Polish market. The reason of choosing Kutno as the investment location is the proximity of potential markets in the west and south of Poland as well as the insufficient production capabilities of Kielce plant.
Sources
9 June 2005: The Polish Information and Foreign Investment Agency
Citation
Eurofound (2005), DS Smith, Business expansion in Poland, factsheet number 61733, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61733.
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