Krosglass

Type
Internal restructuring
Country
Poland
Region
Makroregion wschodni; Podkarpackie; Krośnieński
Location of affected unit(s)
Krosno
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.1 - Manufacture of glass and glass products
23.14 - Manufacture of glass fibres
150 jobs
Number of planned job losses
Job loss
Announcement Date
12 November 2008
Employment effect (start)
Foreseen end date
31 December 2009

Description

Krosglass of Krosno, a Polish fibre glass producer, plans to lay off approximately 150 workers (almost half its total workforce) by late 2009. The job losses are attributed to difficult market conditions and a sharp decline in orders.

Sources

  • 12 November 2008: Polska Agencja Prasowa Webside (www.pap.pl)

Citation

Eurofound (2008), Krosglass, Internal restructuring in Poland, factsheet number 67401, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67401.