OT Port Gdynia

Type
Merger/Acquisition
Country
Poland
Region
Makroregion północny; Pomorskie; Trójmiejski
Location of affected unit(s)
Gdynia
Sector
Transportation / Storage
52 - Warehousing, storage and support activities for transportation
52.2 - Support activities for transportation
52.24 - Cargo handling
50 jobs
Number of planned job losses
Job loss
Announcement Date
31 January 2017
Employment effect (start)
31 January 2017
Foreseen end date

Description

Polish provider of cargo handling services OT Port Gdynia (former Bałtycki Terminal Drobnicowy Gdynia) has announced that it will reduce its employment capacity by 15% meaning that 50 of 320 jobs will be cut following the privatization of the terminal.

OT Port Gdynia is a subsidiary of OT Logistics group, a cargo transport company. OT Logistics provides its services in Germany, Belgium, the Netherlands, Austria, Poland, Czech Republic, Slovakia and Hungary. OT Port Gdynia, former Bałtycki Terminal Drobnicowy Gdynia) was privatised and acquired by the group in 2015.

Sources

  • 31 January 2017: Strefa Biznesu

Citation

Eurofound (2017), OT Port Gdynia, Merger/Acquisition in Poland, factsheet number 90154, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90154.