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 12 February 2013, the Polish manufacturer of transport and hoisting equipment Fabryka Maszyn i Urządzeń FAMAK announced plans to cut up to 160 jobs at the factory in Kluczbork.
The restructuring programme will affect white-collar staff from non-production departments and it aims at improving financial situation of the company through reduction of the debt.
Fabryka Maszyn i Urządzeń FAMAK has been operating for more than 60 years. The company employs 667 people.
Eurofound (2013), Fabryka Maszyn i Urządzeń FAMAK, Internal restructuring in Poland, factsheet number 74922, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74922.
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