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.
Construction Construction Of Buildings And Infrastructure Engineering Civil Engineering 42.1 - Construction of roads and railways
300 jobs Number of planned job losses
Announcement Date
23 September 2016
Employment effect (start)
23 September 2016
Foreseen end date
30 June 2017
Description
Polish construction company Trakcja PRKiL has announced that it will cut 300 jobs via a collective dismissal programme by the end of June 2017. The restructuring programme results from the delays in the realisation of railway infrastructure investments and the related tendering processes: the main customer of Trakcja PRKiL has been the national railway operator PKP/Polish - State Railways (90% of orders). Moreover, the company is facing a lack of orders from other customers. The company revealed that the programme is part of the strategy to optimise the organisational structure.
Trakcja PRKiL is one of the largest companies operating in the infrastructure and energy construction sector in Poland.
Sources
23 September 2016: Gazeta Wyborcza
Citation
Eurofound (2016), Trakcja PRKiL, Internal restructuring in Poland, factsheet number 88760, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88760.
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