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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.1 - Manufacture of motor vehicles
1,823 jobs Number of planned job losses
Announcement Date
29 October 2010
Employment effect (start)
1 November 2010
Foreseen end date
31 March 2011
Description
On 29 October 2010, car manufacturer Fabryka Samochodów Osobowych (FSO) announced a collective dismissal programme affecting 1,823 employees (731 workers employed at the direct production, 592 workers at the indirect production and 500 others). The programme will be implemented by the end of March 2011. The dismissals are a consequence of the end of the license for Chevrolet Aveo (General Motors) production. The FSO will function in truncated form - it will manage several companies among 12 from FSO Żerań Group.
The FSO plant was established in 1951 by the Polish government to produce cars for post World War II Poland. After the structural transformations the company was privatized in 1995.
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Sources
29 October 2010: Polskie Radio
29 October 2010: Gazeta Wyborcza
29 October 2010: forsal.pl
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Citation
Eurofound (2010), FSO, Internal restructuring in Poland, factsheet number 71155, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71155.
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