Śrubex

Type
Internal restructuring
Country
Poland
Region
Makroregion wschodni; Podkarpackie; Rzeszowski
Location of affected unit(s)
Łańcut
Sector
Manufacturing
(24 - 25) Manufacture of metals
25 - Manufacture of fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
180 jobs
Number of planned job losses
Job loss
Announcement Date
27 July 2005
Employment effect (start)
Foreseen end date
31 December 2005

Description

After its debut on the Polish stock exchange market in February 2005, Śrubex, producer of screws, announced it is to reduce its workforce by over 20% this year. Unions declared that protesting action is to be expected.

Sources

  • 27 July 2005: Rzeczpospolita

Citation

Eurofound (2005), Śrubex, Internal restructuring in Poland, factsheet number 62046, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62046.