EGGER

Type
Business expansion
Country
Poland
Region
Makroregion północny; Warmińsko-mazurskie; Olsztyński
Location of affected unit(s)
Biskupiec
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16.2 - Manufacture of products of wood, cork, straw and plaiting materials
16.2 - Manufacture of products of wood, cork, straw and plaiting materials
400 jobs
Number of planned job creations
Job creation
Announcement Date
14 September 2018
Employment effect (start)
31 December 2018
Foreseen end date

Description

Austrian producer of wood-based panel products EGGER has announced that it will create 400 jobs at its new production facility in Biskupiec. The factory, located in the Warmia-Mazury Special Economic Zone, Poland, is expected to open by the end of 2018. The unit will specialise in the production of melamine and chipboard boards.

Reportedly, the company has applied for a €150 million loan from the European Investment Bank (EIB). The money is to be allocated to build a chipboard factory in Biskupiec, Poland, with the value of the investment estimated to reach PLN 1bn (€232 million). Work on the factory began almost a year ago and is due to be completed in the last quarter of 2018.

EGGER was founded in 1961 in Tyrol, Austria. As of September 2018, the company has 18 production sites in Europe (Austria, France, Germany, Romania, Russia, Turkey, United Kingdom) and 24 sales offices worldwide.

Citation

Eurofound (2018), EGGER, Business expansion in Poland, factsheet number 95481, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95481.