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

620 jobs
Number of planned job losses
Job loss
Announcement Date
19 June 2013
Employment effect (start)
20 June 2013
Foreseen end date
30 April 2014

Description

On 19th June 2013, construction company Mostostal Warszawa announced it has started to implement a collective dismissal program, which will result in the loss of 620 jobs by the end of April 2014.

It is reported that the restructuring is due to a shrinking order book and the general deteriorating situation of the construction sector in Poland.

For previously reported restructuring events please see Mostostal Warszawa-PO2012, Mostostal Warszwa-PO2005.


Sources

  • 19 June 2013: Bankier

Citation

Eurofound (2013), Mostostal Warszawa, Internal restructuring in Poland, factsheet number 75599, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75599.