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 For Transport Equipment Manufacture Of Other Transport Equipment 30.20 - Manufacture of railway locomotives and rolling stock
150 jobs Number of planned job creations
Announcement Date
2 July 2015
Employment effect (start)
1 January 2016
Foreseen end date
Description
PKP Cargo, Poland’s largest railway freight carrier, and Greenbrier, one of the world’s largest producer of rolling stock, will start joint production of freight waggons in the factory in Szczecin. Greenbrier will provide the equipment and technology, while PKP Cargo will provide qualified production and administrative staff and workshop facilities. PKP Cargo plans to invest PLN 11.50 mn (EUR 2.75mn USD 3.08mn) in the venture. The factory is expected to be operational in the first quarter of 2016 and will bring creation of 150 jobs.
Sources
2 July 2015: Dziennik Gazeta Prawna
2 July 2015: Gazeta Wyborcza
Citation
Eurofound (2015), PKP Cargo, Business expansion in Poland, factsheet number 84390, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84390.
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