ADVADIS

Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
Sector
Wholesale / Retail
46 - Wholesale trade
46 - Wholesale trade
46 - Wholesale trade
150 jobs
Number of planned job losses
Job loss
Announcement Date
9 March 2011
Employment effect (start)
1 July 2010
Foreseen end date
31 December 2010

Description

Advadis, a wholesaler of alcoholic and other beverages, presented the results of its restructuring operations in the second half of 2010. The company dismissed 150 people across all units in Poland and cut up to 40% of wages of senior management.

Sources

  • 9 March 2011: Puls Biznesu ()

Citation

Eurofound (2011), ADVADIS, Internal restructuring in Poland, factsheet number 71725, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71725.