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.
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.12 - Manufacture of fluid power equipment
100 jobs Number of planned job creations
Announcement Date
11 March 2019
Employment effect (start)
1 June 2019
Foreseen end date
Description
The Finnish producer of hydraulic drive systems Hydroline has announced that it will create 100 jobs at its new factory in Stargard. The site, consisting of 13,000 m2, is expected to be launched in June 2019. This occurs due to the increase of sales.
Hydroline was established in 1962, in Finland. The company is a global supplier of industrial cylinders used in rubber and plastic molding machinery, machine tools, food processing equipment, steel and aluminum mills, and off-shore drilling systems. In Poland, the company has been operating since 2013.
Eurofound (2019), Hydroline, Business expansion in Poland, factsheet number 97457, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97457.
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