Restructuring events
European Restructuring Monitor (ERM)
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.
The German company Haering Polska is expanding its precision mechanics facility in Piotrków Trybunalski, in the Łódź Special Economic Area; towards this end, it will increase employment from the current level of 430 to 700. The Piotrków Trybunalski plant makes precision components for the automobile industry. On 19 September 2006, Haering Polska, the manufacturer of metal parts for the automotive industry, announced plans to invest around 100 million PLN in its plant in Piotrków Trybunalski and to increase employment by 150 people. According to the latest information Haering has invested 52 million EUR in the plant in Piotrków Trybunalski so far, where 540 people are employed. In the coming years the company plans to increase its workforce to 1,000. During the next five years the following projects are planned: hardening shop, electroplating plant and laser welding shop. The additional investment in Piotrków will amount to 120 million EUR. According to the information of 21.05.2007. the employment level in the company located in Piotrków Trybunalski has increased already from 540 people in 2006 to 670 people in May 2007.
Eurofound (2006), Haering, Business expansion in Poland, factsheet number 63409, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63409.