Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Construction Of Buildings
41 - Construction of buildings

1,200 jobs
Number of planned job losses
Job loss
Announcement Date
12 April 2013
Employment effect (start)
Foreseen end date
30 September 2013

Description

Construction group Polimex Mostostal announced its plans to implement a restructuring programme affecting 1,200 jobs by the end of September 2013.

A collective agreement at the company level was terminated by the company. Since 2012 the company has faced financial difficulties due to the decline on the construction sector in Poland.

For previously announced restructurings see: Polimex Mostostal-PL2013, Polimex Mostostal-PL2010, Polimex Mostostal-PL2009, Polimex Mostostal-PL2008, Polimex Mostostal-PL2007a, Polimex Mostostal-PL2007b, Polimex Mostostal-PL2005.


Sources

  • 12 April 2013: Polimex Mostostal
  • 12 April 2013: Wirtualny Nowy Przemysł

Citation

Eurofound (2013), Polimex Mostostal, Internal restructuring in Poland, factsheet number 75543, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75543.