Restructuring events
European Restructuring Monitor (ERM)
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.
The Polish mining equipment manufacturer Famur announced that it will close its production facility in Rybnik, Poland. As a result, 204 people will be made redundant throughout a collective dismissal programme. The source also reports that the company will also cut 84 positions at its headquarters in Katowice. The restructuring is associated with COVID-19 pandemic; according to the company, the pandemic has resulted in a drop in demand for its products.
Famur was founded in 1897. The company provides longwall systems, road heading systems, underground and surface transport systems, open-pit mining machines as well as equipment for mass transport and material handling.
Eurofound (2020), Famur, Closure in Poland, factsheet number 100598, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100598.