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 electricity ZE PAK (Zespół Elektrowni Pątnów-Adamów-Konin) has announced that it has just initiated a closure process of the power plant Adamów in Turek. As a result, about 130 jobs will be lost in the beginning of 2018. There are two main reasons behind the closure of the power plant. Firstly, a nearby mine has run out of brown coal. Secondly, the company does not want to adjust the power plant to the very new environmental standards applicable in Poland (the power plant exceeds the permissible dust emissions). The brown-coal-fired power plant in Turek was commissioned in 1964. Nowadays, the unit operates as commercial power plant with a capacity of 600 mega watts.
Eurofound (2018), ZE PAK, Closure in Poland, factsheet number 92894, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92894.
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