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 Rubber And Plastic Products And Other Non-Metallic Mineral Products 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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68938.
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