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 chemical company Grupa Azoty Zakłady Azotowe Puławy (short name Grupa Azoty Puławy) has announced that it will create 130 new jobs at its new factory in Puławy. The unit will produce granulated fertilizers and is expected to be operational in the second half of 2018 at the latest. The source reports that the current investment of nearly PLN 700 million (EUR 167.45 million) in the project is one of the largest realized by the company in recent years.
Grupa Azoty Puławy was founded in 1966 as a state-owned company; the company was privatized in 2005. The company is specialized in the production of nitrogen fertilizers and is one of the world’s largest producers of melamine.
Eurofound (2018), Grupa Azoty Zakłady Azotowe Puławy, Business expansion in Poland, factsheet number 93817, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93817.
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