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.
Construction 41 - Construction of residential and non-residential buildings 41 - Construction of residential and non-residential buildings 41.0 - Construction of residential and non-residential buildings
200 jobs Number of planned job losses
Announcement Date
21 May 2014
Employment effect (start)
21 May 2014
Foreseen end date
Description
The bankruptcy of the Polish construction company Polbud was ratified by a court decision on 14 May 2014. As a consequence 200 jobs are lost and the company will be liquidated. It is also reported that workers have not received salaries since February 2014.
The company has been operating in Poland over 60 years.
Sources
21 May 2014: Gazeta Wyborcza
Citation
Eurofound (2014), Polbud, Bankruptcy in Poland, factsheet number 77180, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77180.
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