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.
On 28 December 2010 the Council of Ministers adopted a change in the multiannual program for Bridgestone, which builds a factory in Stargard Szczeciński. The program has covered a financial support for the investment in the years 2006-2010. The Japanese tire manufacturer committed to complete the investment by the end of 2010. According to the new agreements the capital expenditure will be not reduced and the company will invest minimum 200 million Euros, but the company will create only 600 jobs (159 jobs less than it was planned earlier). About 194 jobs will be created for people with higher education. The factory in Stargard Szczeciński has been operating since May 2009 and it employs 484 workers. Bridgestone has 4 factories in Poland (in Poznań, Wolsztyn, Żarów, Stargard) and employs 2,000 people.
The case of Bridgestone Stargard was presented as a factsheet 11101 in August 2008, http://eurofound.europa.eu/node/63856
Eurofound (2010), Bridgestone Poland, Internal restructuring in Poland, factsheet number 71385, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71385.