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.
Polish bus and coach manufacturer Autosan announced that it is to cut 481 jobs in its factory in Sanok. This follows a court’s decision on the company’s liquidation.
It is reported that the company has had financial problems and workers have not received salaries for the last few months. The company’s trustee applied for compensation payments for workers from the Guaranteed Employee Benefits Fund.
For previously reported restructuring see Autosan-PO2009.
Eurofound (2013), Autosan, Bankruptcy in Poland, factsheet number 76173, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76173.