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 Manufacturing Of Furniture And Other Manufacturing Manufacture Of Furniture 31 - Manufacture of furniture
1,300 jobs Number of planned job creations
Announcement Date
1 June 2006
Employment effect (start)
2 January 2008
Foreseen end date
31 December 2008
Description
Europol-Meble S.A., part of the German holding company PBV Polipol Beteiligungs- und Verwaltungs- GmbH (a furniture producer), will begin investing in the Wielkopolska region, in the Special Economic Are of Kostrzyń and Słubice. It plans to spend EUR 24 million on new facilities for producing wooden furniture frames and upholstered furniture as well as a logistics and financial services centre in Chodzież. During the first phase of the investment, running through 2008, 500 persons will be hired; by 2009, total employment will reach 1,300.
Europol-Meble S.A. already has two production facilities in Poland at which it employs approximately 1,000 people; some 90% of their output is exported.
Sources
1 June 2006: Puls Biznesu
Citation
Eurofound (2006), Europol-Meble, Business expansion in Poland, factsheet number 63578, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63578.
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