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.
Pątnów-Adamów-Konin (PAK) power plant group produces nearly 12% of the country's electricity and is the second-largest producer of electricity obtained from brown coal in Poland. Trade unions in PAK declared that a collective dispute was going on with the management. The company is to fire 400 people. The management does not wish to comment the situation. it admitted that a job reduction programme is being prepared as well as a reduction of power capacity.
A social packet signed in 2000 by investor Elektrim company guarantees a 10 years employment for PAK workers, therefore, dismissed people will benefit from high redundancy payments.
Eurofound (2005), Zespół Elektrowni Pątnów - Adamów - Konin (PAK), Internal restructuring in Poland, factsheet number 62165, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62165.