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 clothing retailer LPP has announced that it will create 1,000 new jobs by the end of 2018. The company is looking for IT specialists, designers and sale staff. The source also reported the company plans to increase the production of clothes in Poland by 50%, up to 5 million pieces by the end of 2017.
LPP was founded in 1995 and currently owns 5 clothing brands (Reserved, Cropp, House, Mohito, Sinsay) and has over 1,700 stores in 18 countries, including Poland, Russia, Ukraine, Latvia, Lithuania, Estonia, Czech Republic, Slovakia, Bulgaria, Croatia, Hungary, Romania and Egypt.
Eurofound (2017), LPP, Business expansion in Poland, factsheet number 91348, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91348.