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 Food And Beverage Manufacture Of Food Products 10.5 - Manufacture of dairy products
160 jobs Number of planned job losses
Announcement Date
22 February 2020
Employment effect (start)
22 February 2020
Foreseen end date
31 May 2020
Description
The dairy cooperative, OkrÄ™gowa Spółdzielnia Mleczarska Radomsko (OSM Radomsko), announced that it will close down its subsidiary ZakÅ‚ad Produkcji Mleczarskiej in Nowy Targ by the end of May 2020. As a result, 160 employees will be dismissed. The source reports that the dairy cooperative ended 2019 with a financial loss. The local community has expressed its concern regarding the company's decision. The city council would like to negotiate the decision and has adopted a resolution opposing the company's measures.Â
Okręgowa Spółdzielnia Mleczarska Radomsko was founded in 1936; currently, the dairy employs 660 people in two units. The unit in Nowy Targ, operating since 1977, was acquired by the company in 2005.
Sources
Citation
Eurofound (2020), Zakład Produkcji Mleczarskiej in Nowy Targ, Bankruptcy in Poland, factsheet number 99946, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99946.
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