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 bank Getin Bank, part of Noble Bank, has announced that it will relocate its banking operation centre from Wrocław to Jastrzębie Zdrój and Warsaw. The relocation will result in dismissing up to 150 employees trough a collective dismissal programme. The goal of the relocation is to optimise business processes and improve the bank’s financial effectiveness. The source revealed the bank posted a PLN 239 million (EUR 57 million) loss during the first quarters of 2017. Getin Bank provides services to individual and business clients. Its services are available at over 500 units across the country.
Eurofound (2018), Getin Bank, Relocation in Poland, factsheet number 93565, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93565.