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.
Manufacturer of automotive components BORG Automotive will cut 187 positions throughout a collective dismissal programme at the production facility in Zduńska Wola, Poland. The programme, related to the COVID-19 pandemic and a drop in demand.
BORG Automotive was founded in 1975 in Denmark. Currently, the company employs more than1,700 in Denmark, the UK, Poland and Belgium. In Poland, the company employs nearly 1,400 staff. The company is one of Europe’s largest companies in the automotive parts regeneration industry.
Eurofound (2020), BORG Automotive, Internal restructuring in Poland, factsheet number 101077, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101077.