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 25.99 - Manufacture Of Other Fabricated Metal Products N.E.C.
300 jobs Number of planned job creations
Announcement Date
12 March 2024
Employment effect (start)
12 March 2024
Foreseen end date
Description
Oventrop, a company in the plumbing industry, is expanding its plant in Szydłowiec, where it will eventually employ 300 people. The plant expansion is linked to the growing role of the Szydłowiec plant for the company's German headquarters, and a new production hall is currently under construction. The gradual development of the plant has been planned since its inception. Recruitment for new positions has now begun and, by the middle of next year, the plant is expected to employ 175 people, reaching eventually 300 workers in total. Oventrop has been in business for over 170 years, operating mainly in Germany and producing fittings, thermoregulation and ventilation equipment. The Szydłowiec plant opened in 2022 and currently employs 78 people.
Eurofound (2024), Oventrop, Business expansion in Poland, factsheet number 200939, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200939.
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