Restructuring events
European Restructuring Monitor (ERM)
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.
The Bumar Group, a leading Polish supplier and exporter of armament and military equipment, plans to dismiss more than 1000 employees (out of the total of 8000) by the end of 2009. The cuts will affect all manufacturing and trading units located across Poland.
The Bumar Group consists of 20 manufacturing and trading companies specialized in the production of munitions, radars, rockets and armour as well as construction, agricultural plant, and construction service companies.
Eurofound (2009), Bumar, Internal restructuring in Poland, factsheet number 69534, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69534.