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 Fabryka Łożysk Tocznych, a manufacturer of roller bearings, has announced that 310 people will be laid off at the Kraśnik plant. The reason for the layoffs is the factory's difficult financial situation, caused, among other things, by high energy costs. Initially, 81 people will be laid off, later an additional 230; the layoffs have already begun and will last until the end of June. The trade unions negotiated fewer layoffs in the first round (from 120 to 81), and the local Labour Office was informed about the layoffs. Fabryka Łożysk Tocznych produces bearings for the automotive, agricultural, industrial machinery, mining and renewable energy industries and is controlled by the Chinese Tri-Ring Group.
Eurofound (2025), Fabryka Łożysk Tocznych, Internal restructuring in Poland, factsheet number 202527, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202527.