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.
Following the merger of BNP Paribas and BGŻ, on 4 March 2015, the state-owned bank PKO BP (Powszechna Kasa Oszczędności Bank Polski) announced its plans to cut up to 1,100 jobs by the end of 2015. The company is negotiating with the local trade unions about the conditions of the restructuring programme. PKO BP, the largest Polish retail bank, was founded in 1919.
Eurofound (2015), PKO BP, Merger/Acquisition in Poland, factsheet number 78784, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78784.