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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
150 jobs Number of planned job creations
Announcement Date
6 July 2005
Employment effect (start)
Foreseen end date
31 December 2005
Description
Gedia Poland, operating in Poland since 1998, produces steel and aluminum components for the automotive sector and supplies corporations, such as: BMW, Audi, VW, Skoda, Porsche, Opel, Suzuki, Ford, Volvo, Jaguar, Porsche, Karmann. In 2005, the company envisaged capital outlays of over €13 million, which would be designated for two new facilities - logistics and production. First of these undertakings will be concluded in July 2005. Construction works concerning the production facility will be concluded in fall 2005. Management of the company already announced furthers investments of a few million euros in 2006.
Sources
6 July 2005: The Polish Information and Foreign Investment Agency
Eurofound (2005), Gedia Poland, Business expansion in Poland, factsheet number 61927, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61927.
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