Type
Internal restructuring
Country
Poland
Region
Poludniowy; Slaskie; Centralny slaski
Location of affected unit(s)
NA
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.52 - Casting of steel

650 jobs
Number of planned job losses
Job loss
Announcement Date
17 April 2007
Employment effect (start)
16 April 2007
Foreseen end date
30 November 2007

Description

On April 16, 2007, Mittal Steel Poland, Poland’s largest steel producer, has launched a special employment downsizing programme, according to 650 workers are expected to leave the company by late November 2007. Mittal Steel Poland owns steel processing plants in Dąbrowa Górnicza, Sosnowiec, Świętochłowice, and Krakow. Despite the strong demand prevailing in the steel markets, the company has found it necessary to let 2,500 employees go (out of an aggregate workforce of 12,944) in order to honour its obligations under the agreement made by the Polish government and the European Commission in 2002.


Sources

Citation

Eurofound (2007), Mittal Steel Poland, Internal restructuring in Poland, factsheet number 65258, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65258.