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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.91 - Manufacture of machinery for metallurgy
119 jobs Number of planned job losses
Announcement Date
7 September 2012
Employment effect (start)
1 September 2012
Foreseen end date
31 January 2013
Description
On 7 September 2012, state-owned company Fabryka Form Metalowych FORMET (metal mould plant) in Bydgoszcz announced plans to dismiss 119 people. The redundancies will be implemented between September 2012 and January 2013.
The local trade unions claimed that the financial situation of the company is very difficult, but the representatives of FORMET have not commented on this.
Fabryka Form Metalowych FORMET produces injection moulds for plastics, rubber injection moulds, pressure casting moulds for metals and punching tools.
Sources
11 September 2012: Gazeta Wyborcza ()
Citation
Eurofound (2012), Fabryka Form Metalowych FORMET, Internal restructuring in Poland, factsheet number 74182, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74182.
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