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
500 jobs Number of planned job creations
Announcement Date
12 May 2006
Employment effect (start)
Foreseen end date
31 December 2011
Description
LG Chem will be investing at least USD 47 million in the vicinity of Kobierzyce (Lower Silesia), in a sub-area of the Tarnobrzeg Special Economic Area. By 2011, LG Chem will hire 500 people for its Kobierzyce operation, which will produce polarisation panels for LCD displays as well as pursuing research and development work for LG Philips LCD. LG Chem is part of the Korean LG group.
Sources
12 May 2006: Puls Biznesu
Citation
Eurofound (2006), LG Chem, Business expansion in Poland, factsheet number 63473, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63473.
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