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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.6 - Manufacture of articles of concrete, cement and plaster
100 jobs Number of planned job creations
Announcement Date
22 May 2007
Employment effect (start)
Foreseen end date
Description
Awbud of Zawiercie, the Polish construction group specialising in production of concrete, prefabricated concrete elements, and paving stones, has taken over a competing pavers producer, Utex Sigma of Mikołów (employing 100 people), at a cost of approximately 7 million PLN. As the consequent of this transaction, Awbud will have a workforce of more than 400 persons, and its annual sales will exceed 120 million PLN.
Sources
22 May 2007: Rzeczpospolita
Citation
Eurofound (2007), Awbud, Business expansion in Poland, factsheet number 65379, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65379.
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