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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.15 - Manufacture of bearings, gears, gearing and driving elements
100 jobs Number of planned job creations
Announcement Date
21 May 2015
Employment effect (start)
1 June 2015
Foreseen end date
Description
German company Framo Morat has announced the creation of 100 new positions in Nowa Ruda (Poland). 30 employees will be hired by the end of this year. The company is going to lease the industrial plant located in Wałbrzych Special Economic Zone. Framo Morat plans to invest PLN 10 mn (EUR 2.39 mn USD 2.65 mn) to launch the production of gears and transmission parts used in coffee machines, heat pumps or telecommunication tower and dental devices. The plant is expected to be operational since July 2015.
Sources
21 May 2015: Puls HR
Citation
Eurofound (2015), Framo Morat, Business expansion in Poland, factsheet number 83862, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83862.
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