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 (10 - 11) Manufacture of food and beverage 10 - Manufacture of food products 10 - Manufacture of food products
700 jobs Number of planned job creations
Announcement Date
19 August 2005
Employment effect (start)
1 May 2006
Foreseen end date
Description
Agros,a bankrupted meat processing company from Koszalin, was purchased by Royal Greenland Seafood. The Danish company decided to invest €20 million in Koszalin. According to investor's plans, the whole construction of the most modern European facility of fish and sea fruits processing will be concluded till the end of 2009 (the Danish company will modernise almost 11000 square metres of space, that was formerly owned by Agros). In the first phase of undertaking, an area of 2500 square metres will be adapted for preparing fish-fillets. Production will start by spring 2006.
Sources
19 August 2005: PAIiIZ
Citation
Eurofound (2005), Royal Greenland Seafood, Merger/Acquisition in Poland, factsheet number 62129, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62129.