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
2,600 jobs Number of planned job creations
Announcement Date
25 March 2006
Employment effect (start)
Foreseen end date
31 December 2007
Description
LG Electronics, the South Korean electronics giant, has commenced construction of two factories in Kobierzyce near Wrocław, one to produce television sets and one for the production of refrigerators. Between them, the new plants will hire 1000 people in 2006 and another 1600 in 2007.
The Polish Council of Ministers financially supported the 170 million PLN investment of LG Electronics.
Sources
25 March 2006: Rzeczpospolita
27 December 2005: The Chancellery of the Prime Minister
Citation
Eurofound (2006), LG Electronics, Business expansion in Poland, factsheet number 63232, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63232.
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