Type
Bankruptcy
Country
Poland
Region
Location of affected unit(s)
Jarosław
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13 - Manufacture of textiles

1,100 jobs
Number of planned job losses
Job loss
Announcement Date
9 October 2004
Employment effect (start)
Foreseen end date

Description

Jarlan, a garment manufacturer, has filed for bankruptcy in December 2004; some 1,100 jobs are threatened. The company has accumulated debts over the preceding two years due to competition by low-cost garment producers in China and Bangladesh and to reduced orders by European buyers. The workers received a 3-month notice of termination of contract.


Sources

  • 23 December 2004: Rzeczpospolita
  • 10 October 2004: Rzeczpospolita

Citation

Eurofound (2004), Jarlan, Bankruptcy in Poland, factsheet number 60654, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60654.