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.
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24.5 - Casting of metals
100 jobs Number of planned job creations
Announcement Date
14 August 2013
Employment effect (start)
1 January 2014
Foreseen end date
Description
On 14 August 2013, tool producer Fabryka Przyrz?dów i Uchwytów Bison-Bial announced its plans to create about 100 jobs in the factory of subsidiary company Odlewnia Bia?ystok. The new factory is expected to be operational in the first quarter of 2014. The production facility is located in the Bia?ystok Special Economic Zone. The investment is worth 59 mln PLN, but the company will receive 40 mln PLN public support from the Operational Programme ‘Innovative Economy’.
Fabryka Przyrz?dów i Uchwytów Bison-Bial was founded 1948 as a state-owned company (privatized in 1998). The company produces workholding equipment such as chucks, vises, milling fixtures.
For other recent group restructuring measures see Bison Chucks 2013.
Sources
14 August 2013: Wirtualny Nowy Przemysł
Citation
Eurofound (2013), Odlewnia Białystok, Business expansion in Poland, factsheet number 75780, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75780.
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