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 Tobacco Products Manufacture Of Tobacco Products 12 - Manufacture of tobacco products
500 jobs Number of planned job creations
Announcement Date
25 August 2006
Employment effect (start)
Foreseen end date
31 December 2009
Description
A European Service Centre of the Philip Morris International group has just commenced operations in Krakow; it will carry out finance- and HR management-related tasks for the entire corporation. Philip Morris International has already hired 140 people to work in the Centre, and its workforce is expected to reach 500 within three years. Philip Morris InternationalÂ’s Polish investments now stand at some USD 500 million, and it expects to boost production at its tobacco products factory in Krakow.
Sources
25 August 2006: Gazeta Wyborcza
Citation
Eurofound (2006), Philip Morris, Business expansion in Poland, factsheet number 63953, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63953.
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