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 Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
360 jobs Number of planned job losses
Announcement Date
6 April 2006
Employment effect (start)
Foreseen end date
Description
Dębica, the tyre company situated in Dębica near Tarnów, will be shutting down production of inner tubes and tyres for bicycles, shedding 360 jobs (out of a total workforce of 3076). This decision was reached by Goodyear, the principal shareholder of the Polish company. In 2005, the bicycle tyre and inner tube department suffered an operating loss of PLN 3 million, despite restructuring and an effort to lower costs. The bicycle components made at Dębica could not withstand the competition of less expensive products imported in bulk from Asia.
Sources
6 April 2006: Gazeta Prawna
6 April 2006: Gazeta Wyborcza
6 April 2006: Rzeczpospolita
Citation
Eurofound (2006), Dębica, Internal restructuring in Poland, factsheet number 63284, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63284.
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