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.
Public Administration And Defence Public Administration And Defence; Compulsory Social Security Public Administration And Defence; Compulsory Social Security 84 - Public administration and defence; compulsory social security
1,000 jobs Number of planned job creations
Announcement Date
13 January 2006
Employment effect (start)
Foreseen end date
Description
UrzÄ…d Nadzoru Finansowego (UNF), a new institution alike Financial Ombudsman Services in Great Britain - is to be created in Poland. UNF will start to operate in April 2006. In the first stage, the institution will take over competencies of the Insurance and Pension Funds Supervisory Commission, and The Polish Securities and Exchange Commission. From the first of January 2008, UNF will also perform duties of the General Inspectorate of Banking Supervision and Commission for Banking Supervision. The new institution will employ circa 1,000 people. Present employees of the liquidated institutions - the ones who will not get new work contracts and the ones who refuse new posts, will lose their jobs after half a year following UNFÂ’s establishing. No information has been given yet on the job consequences facing liquidated institutions.
Sources
13 January 2006: Rzeczpospolita
Citation
Eurofound (2006), UrzÄ…d Nadzoru Finansowego, Business expansion in Poland, factsheet number 62790, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62790.
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