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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
1,000 jobs Number of planned job creations
Announcement Date
17 November 2006
Employment effect (start)
Foreseen end date
Description
Moltech, the Polish subsidiary of the Molex group of the United States, already operates an electronic and electric connecting cable bundle factory in Sulęcin (40 km south of Gorzów Wielkopolski). The factory supplies buyers from the automotive, telecoms, white goods and information technology sectors. Moltech now plans to invest EUR 20 million in the expansion of this facility, which will entail the creation of between 1,000 and 1,200 new jobs (in addition to Moltech’s present Polish workforce of 2,250 people).
Sources
17 November 2006: Puls Biznesu
Citation
Eurofound (2006), Moltech, Business expansion in Poland, factsheet number 64483, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64483.
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