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 Manufacture Of Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16.23 - Manufacture of other builders\' carpentry and joinery
500 jobs Number of planned job losses
Announcement Date
10 July 2019
Employment effect (start)
10 July 2019
Foreseen end date
Description
The Polish producer of wooden windows and doors Stolbud Włoszczowa has announced that it will close down its two production facilities in Włoszczowa and Pszczyna. As a result, about 500 job vacancies will be cut. The company has copied with financial difficulties for a few years. In 2018, the company cut significantly the production in the factories.
Stolbud was founded in 1965. Currently, the company is part of the Koronea Group. The group has 8 production sites, employs about 3,000 people, and its products are sold in 37 countries worldwide.
Eurofound (2019), Stolbud, Closure in Poland, factsheet number 98170, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98170.
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