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 2 December 2011, the Finnish maker of hygienic paper products Metsä Tissue announced plans to close down the production, converting and supply chain operation at the unit in Konstancin-Jeziorna (near Warsaw). The company is to implement the restructuring plan by the end of April 2012. Up to 140 workers will lose their jobs.
Lars Warvne, Senior Vice President Technology & Operations at Metsä Tissue, said the decision results from outdated infrastructure and declared that the company will develop the unit in Krapkowice.
Metsa Tissue has two factories in Poland, in Konstancin-Jeziorna and in Krapkowice (near Opole).
Eurofound (2011), Metsä Tissue, Internal restructuring in Poland, factsheet number 73343, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73343.
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