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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
1,080 jobs Number of planned job creations
Announcement Date
18 October 2005
Employment effect (start)
Foreseen end date
Description
LG Innotek is a leading Korean electronic components manufacturer for mobile phones, displays and network systems. The company embraces sales and production units, along with research and development (R&D) laboratories, in 12 global hubs in Asia, the United States and Europe. The company plans to invest €57 million in the development of its operations in Poland and foresees to employ more than 1,000 workers.The company plans to invest €57 million in the development of its operations in Poland and will employ more than 1,000 workers.
Sources
18 October 2005: The Chancellery of the Prime Minister
Eurofound (2005), LG Innotek, Business expansion in Poland, factsheet number 62443, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62443.
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