Type
Closure
Country
Poland
Region
Poludniowo-Zachodni; Dolnoslaskie; Wroclawski
Location of affected unit(s)
Kobierzyce near Wrocław
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26.40 - Manufacture of consumer electronics

500 jobs
Number of planned job losses
Job loss
Announcement Date
21 February 2012
Employment effect (start)
21 February 2012
Foreseen end date
31 March 2012

Description

On 21 February 2012, Chinese producer of televisions TPV Display announced plans to shut down the factory in Kobierzyce near Wrocław (the Wałbrzych Special Economic Zone) and dismiss 500 employees. The company plans to carry out the redundancy process by the end of March 2012.

It is reported that the redundant workers will receive a severance pay.

TPV has two plants in Poland (Kobierzyce and Gorzów Wielkopolski). The company decided to reduce operational costs by closing the factory in Kobierzyce and concentrating the production in Gorzów Wielkopolski.


Sources

  • 21 February 2012: Gazeta Wyborcza ()

Citation

Eurofound (2012), TPV Display, Closure in Poland, factsheet number 73150, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73150.