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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
200 jobs Number of planned job losses
Announcement Date
21 April 2006
Employment effect (start)
Foreseen end date
Description
Zakłady Elektrotechniki Mototyzacyjnej plant in Ełk, producer of cables for automobiles, will be dismissing 200 persons out of a workforce of 1200. The company is experiencing financial difficulties due to a falling demand for its products. The Ełk facility is one of a number of plants owned by Fabryka Samochodów Osobowych (FSO) of Warsaw, the automobile factory which once turned out the Fiat 125p and the indigenous Polonez; it is now owned by AwtoZAZ, the Ukrainian automotive group.
Sources
21 April 2006: Rzeczpospolita
Citation
Eurofound (2006), Zakłady Elektrotechniki Motoryzacyjnej, Internal restructuring in Poland, factsheet number 63411, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63411.
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