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 Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.42 - Manufacture of perfumes and toilet preparations
128 jobs Number of planned job losses
Announcement Date
24 May 2005
Employment effect (start)
Foreseen end date
21 December 2005
Description
Cussons Polska announced the closure of its century old cosmetics’ factory (Uroda) in Warsaw. Stephen Murphy – Cussons’s CEO explained that the decision was undertaken due to growing competition and necessity of cost cutting. The old plant constantly needs new investments in order to keep production on a competitive level. The factory will be closed in autumn 2005. The lines produced in Uroda will then be manufactured by external contractors. The three unions acting in the company declared strike alarm.
Sources
24 May 2005: Rzeczpospolita
Citation
Eurofound (2005), Cussons Polska, Outsourcing in Poland, factsheet number 61671, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61671.
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