Fabryka Form Metalowych FORMET

Type
Internal restructuring
Country
Poland
Region
Makroregion północny; Kujawsko-pomorskie; Bydgosko-toruński
Location of affected unit(s)
Bydgoszcz
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.9 - Manufacture of other special-purpose machinery
28.91 - Manufacture of machinery for metallurgy
119 jobs
Number of planned job losses
Job loss
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://apps.eurofound.europa.eu/restructuring-events/detail/74182.