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.
Hennes&Mauritz (H&M), the Swedish clothing manufacturer and retailer, will establish its first Polish distribution centre in Gądki by Poznań. The centre will supply H&M outlets in Poland and Slovakia, initially employing 300 persons. Hennes&Mauritz, founded in 1947, sells clothes and cosmetics at more than 1,300 stores in 28 countries, employing more than 60,000 persons.
Sources
5 April 2007: Polska Agencja Informacji i Inwestycji Zagranicznych Webside (www.paiz.gov.pl)
Citation
Eurofound (2007), Hennes&Mauritz, Business expansion in Poland, factsheet number 65218, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65218.