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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.93 - Manufacture Of Wire Products, Chain And Springs
140 jobs Number of planned job creations
Announcement Date
15 February 2024
Employment effect (start)
1 July 2024
Foreseen end date
Description
Electro Cable Group, a company that manufactures and sells cables, is launching production in Zabrze; the factory is expected to employ 140 people. The new investment was established in CTPark Zabrze, and is supported by the Katowice Special Economic Zone (KSSE); the factory located in Poland is the company's first foreign investment. Production is expected to start in the second half of 2024. Production workers will be employed. Electro Cable Group is the largest Ukrainian manufacturer and exporter of wires and copper and aluminium cables used in power, control and data transmission systems.
Eurofound (2024), Electro Cable Group, Business expansion in Poland, factsheet number 200827, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200827.
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