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.
Polish producer of soft drinks Hoop Poland has announced that it will shut down its factory in Bielsk Podlaski. As a result, 140 employees will lose their jobs by the end of 2016. The restructuring programme aims to improve financial and organisational effectiveness of the company; the programme will help to reduce running costs and make logistics operations more efficient.
Hoop was founded in 1992. Currently, the company is a part of Kofola ČeskoSlovensko Group, a one of the largest producer of soft drinks in Central Europe. In Poland, the company has three production plants (Kutno, Grodzisk Wielkopolski and Bielsk Podlaski).
Eurofound (2016), Hoop Poland, Closure in Poland, factsheet number 88320, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88320.