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 chemicals and pharmaceuticals Manufacture of chemicals and chemical products 20.4 - Manufacture of washing, cleaning and polishing preparations
100 jobs Number of planned job losses
Announcement Date
26 December 2004
Employment effect (start)
Foreseen end date
Description
Świt, a protected labour entity (ie one benefiting from tax reductions and other privileges due to the fact that it retains a certain number of disabled employees) employing 400 people, including 260 disabled persons, has announced plans to dismiss 100 members of its work force. Świt manufactures cosmetics and a variety of household cleaning products. The planned downsizing of employment is motivated by the implementation of less favourable tax regulations.
Sources
27 December 2004: Rzeczpospolita
Citation
Eurofound (2004), Świt, Internal restructuring in Poland, factsheet number 60961, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60961.
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