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 Manufacturing Of Furniture And Other Manufacturing Manufacture Of Furniture 31 - Manufacture of furniture
300 jobs Number of planned job creations
Announcement Date
20 January 2006
Employment effect (start)
1 February 2006
Foreseen end date
Description
Correct, a mattress producer in partnership with furniture producer Com.40, is planning to build a €40 million production facility and logistics centre in the Łódź Special Economic Zone. 'The company will produce mattresses, while Com.40 will resign from this activity. We envisage a production capacity of 1 million pieces annually'. Correct will also provide logistics services to Com.40 and entities linked with the company. About 90% of Correct's output will be exported. The investment is scheduled to begin in February 2006.
Sources
20 January 2006: Puls Biznesu
Citation
Eurofound (2006), Correct, Business expansion in Poland, factsheet number 62838, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62838.
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