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 (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
480 jobs Number of planned job creations
Announcement Date
14 September 2004
Employment effect (start)
Foreseen end date
31 December 2007
Description
Danish Glasfiber, the world largest producer of airscrew blades for air turbines, will set up a factory in Goleniów near Szczecin. The estimated value of the investment is €60 million.
The new factory will be managed by Company's Polish subsidiary LM Glasfiber Poland. It will be located in the Goleniów Technology Park on a 28 hectares surface. The Company will start the construction works in the first quarter of 2005. 480 people are to be employed in the factory.
Sources
19 April 2005: PAIiIZ
14 September 2004: PAIiIZ
Citation
Eurofound (2004), LM Glasfiber, Business expansion in Poland, factsheet number 62056, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62056.