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.
Pharmaceutical and biotechnology company Baxter Poland has announced that it will close down its facility in Lublin and cut all 270 jobs by the end of January 2017. The restructuring programme will be launched in August 2016. The production will be phased out until a complete closure of the factory in January 2017. Most of the production lines will be relocated to other company's sites.
Baxter Poland is a subsidiary of the American company Baxter International which operates in 110 countries and employs almost 50,000 people worldwide. The company has been operating in Lublin since 2007; the unit produces medical products.
Eurofound (2016), Baxter Poland, Closure in Poland, factsheet number 88170, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88170.