Type
Internal restructuring
Country
Poland
Region
Poludniowy; Slaskie;
Location of affected unit(s)
NA
Sector
Mining / Quarrying
Mining And Quarrying
Mining Of Coal And Lignite
05 - Mining of coal and lignite

130 - 259 jobs
Number of planned job losses
Job loss
Announcement Date
13 May 2010
Employment effect (start)
1 June 2010
Foreseen end date

Description

Katowicki Holding Węglowy (KHW), a group of six coal mines, is to introduce a voluntary redundancy program. Through interviews with employees, the company estimated that at least 130 of them will apply for vouluntary redundancy.

The program is addressed to those who have already acquired early retirement benefits - there are 259 such employees in KHW. Employees who will enter the program shall receive severance pays in the region of PLN 50,000 to PLN 99,000 (EUR 12,500 - 24,750).

In the mid-term the restructuring program might be expanded to other employees. In the long term, KHW plans to reduce employment from 21,000 people to 15,000 - 16,000.


Sources

  • 13 May 2010: Wirtualny Nowy Przemysl
  • 13 May 2010: Rzeczpospolita
  • 6 July 2010: Wirtualny Nowy Przemysl
  • : (www.rp.pl)

Citation

Eurofound (2010), Katowicki Holding Węglowy, Internal restructuring in Poland, factsheet number 70587, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70587.