Type
Internal restructuring
Country
Poland
Region
Wschodni; Podkarpackie; Krosniensko-przemyski
Location of affected unit(s)
Krosno
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Other Non-Metallic Mineral Products
23.14 - Manufacture of glass fibres

150 jobs
Number of planned job losses
Job loss
Announcement Date
12 November 2008
Employment effect (start)
Foreseen end date
31 December 2009

Description

Krosglass of Krosno, a Polish fibre glass producer, plans to lay off approximately 150 workers (almost half its total workforce) by late 2009. The job losses are attributed to difficult market conditions and a sharp decline in orders.


Sources

  • 12 November 2008: Polska Agencja Prasowa Webside (www.pap.pl)

Citation

Eurofound (2008), Krosglass, Internal restructuring in Poland, factsheet number 67401, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67401.