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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23 - Manufacture of other non-metallic mineral products 23 - Manufacture of other non-metallic mineral products
2,000 jobs Number of planned job losses
Announcement Date
13 May 2009
Employment effect (start)
1 May 2009
Foreseen end date
Description
In March 2009 a court decision was handed down announcing the bankruptcy of the Krosno glassworks (Huta Szkła KROSNO). In May, the now-bankrupt company is to start dismissing all its 2000 employees. However, the company's administrator has expressed hope that, once some assets have been disinvested and the glassworks have found a new investor, some of the employees may be kept on.
Sources
13 May 2009: Polska Agencja Prasowa Webside (www.pap.pl)
Citation
Eurofound (2009), Huta Szkła, Bankruptcy in Poland, factsheet number 68938, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68938.