Type
Bankruptcy
Country
Poland
Region
Poludniowy; Malopolskie;
Location of affected unit(s)
Chrzanów
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30.2 - Manufacture of railway locomotives and rolling stock

350 jobs
Number of planned job losses
Job loss
Announcement Date
23 May 2013
Employment effect (start)
23 May 2013
Foreseen end date

Description

The bankruptcy of Fablok in Chorzów was ratified by a court decision on 23 May 2013. As a consequence, 350 workers will be dismissed.

It is reported that the company has over 64 mln PLN debts. Moreover, workers have not received salaries for the last 6 months.

Founded in 1919, Fablok was the oldest Polish factory of locomotives. 


Sources

  • 23 May 2013: Wirtualny Nowy Przemysł
  • 23 May 2013: Gazeta Wyborcza

Citation

Eurofound (2013), Fablok, Bankruptcy in Poland, factsheet number 75437, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75437.