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 18 July 2013, furniture producer Christianapol announced its plans to dismiss all 300 workers in the factory in Łowyń near Międzychód (the Wielkopolskie Voivodeship) by the end of August 2013.
It is reported that the dismissals are related to a worsening financial condition of the company during the recession.
Christianapol is a part of the Cauval Industries Group headquartered in France and it has been operating in Poland since 1989.
Eurofound (2013), Christianapol, Closure in Poland, factsheet number 75682, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75682.