Zakłady Wyrobów Metalowych 'SHL'

Type
Internal restructuring
Country
Poland
Region
Makroregion centralny; Świętokrzyskie; Kielecki
Location of affected unit(s)
Kielce
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.32 - Manufacture of other parts and accessories for motor vehicles
90 jobs
Number of planned job losses
Job loss
Announcement Date
18 March 2020
Employment effect (start)
18 March 2020
Foreseen end date

Description

The Polish producer of automotive components Zakłady Wyrobów Metalowych 'SHL' announced that it plans to cut its workforce by about 20% at the unit in Kielce within the next few weeks. It implies that 90 out of 430 will be made redundant under a collective dismissal programme. The conditions of the programme will be negotiated with the local trade unions. The restructuring is motivated by the difficulties of the global automotive market - the company has been affected by the fall in demand.

Zakłady Wyrobów Metalowych 'SHL' has been operating since 1919; the company is one of the oldest Polish factories of metal components for the automotive industry and agriculture machinery.

Sources

Citation

Eurofound (2020), Zakłady Wyrobów Metalowych 'SHL', Internal restructuring in Poland, factsheet number 100219, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100219.