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 (10 - 11) Manufacture of food and beverage 10.8 - Manufacture of other food products 10.85 - Manufacture of prepared meals and dishes
130 jobs Number of planned job creations
Announcement Date
24 October 2017
Employment effect (start)
31 March 2017
Foreseen end date
Description
Virtu Production, a Polish manufacturer of ready meals has announced that it will create 130 new jobs at its new facility in Zawiercie. The plant, which will consist of 15,000 m2, is expected to be operational in the first quarter of 2018 and it will be located in the Economic Activity Zone. The company plans to invest PLN 80 million (EUR 18.86 million, USD 21.91 million) in the project. Virtu Production has been operating since 1992. Currently the company has one factory in Zawiercie and employs 680 people.
Sources
24 October 2017: Portal Spożywczy
Citation
Eurofound (2017), Virtu Production, Business expansion in Poland, factsheet number 88877, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88877.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...