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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.49 - Manufacture Of Other Machine Tools
200 jobs Number of planned job creations
Announcement Date
24 November 2023
Employment effect (start)
1 July 2024
Foreseen end date
30 September 2024
Description
Fortaco, a manufacturer in the heavy industry sector, has started construction of a new factory in Knurów, where it will employ 200 people. The new plant is intended to transfer the main steel product preparation operations from various locations to one location. Moreover, the establishment of the new site is linked to the anticipated increase in demand for the products offered by Frotaco, including vehicles serving the warehousing, container transport, timber industry or excavators and construction vehicles. The plant will be completed in the third quarter of 2024 and will employ production workers. Fortaco Group was established in 2012, and its facilities in Poland mainly produce steel and machined components, and offer sub-assembly of auxiliary equipment in fabricated components. The company currently employs 2,300 people in Estonia, Finland, Poland, Hungary, Serbia and Slovakia.
Eurofound (2023), Fortaco, Business expansion in Poland, factsheet number 200543, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200543.
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