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 (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
1,080 jobs Number of planned job creations
Announcement Date
18 October 2005
Employment effect (start)
Foreseen end date
Description
LG Innotek is a leading Korean electronic components manufacturer for mobile phones, displays and network systems. The company embraces sales and production units, along with research and development (R&D) laboratories, in 12 global hubs in Asia, the United States and Europe. The company plans to invest €57 million in the development of its operations in Poland and foresees to employ more than 1,000 workers.The company plans to invest €57 million in the development of its operations in Poland and will employ more than 1,000 workers.
Sources
18 October 2005: The Chancellery of the Prime Minister
Eurofound (2005), LG Innotek, Business expansion in Poland, factsheet number 62443, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62443.
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