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 (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
590 jobs Number of planned job losses
Announcement Date
4 January 2011
Employment effect (start)
31 January 2011
Foreseen end date
Description
On 4 January 2011 Zaklad Zespolow Napędowych in Stalowa Wola, a bearing, gears and driving elements manufacturer, announced that it will dismiss the entire workforce of 590 people. Employees will be given notice of dismissal at the end of January 2011. In December 2010 the company declared bankruptcy.
Sources
4 January 2011: Echodnia.eu ()
Citation
Eurofound (2011), Zakład Zespołów Napędowych, Bankruptcy in Poland, factsheet number 71408, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71408.
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