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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
370 jobs Number of planned job losses
Announcement Date
30 October 2008
Employment effect (start)
Foreseen end date
Description
Fabryka Łożysk Tocznych – KRAŚNIK, the ball bearing producer in Kraśnik, has announced a group redundancy programme to encompass 370 employees out of a total workforce of 2,700. The automotive industry – the chief purchaser of KRAŚNIK’s output – has been ordering significantly less on account of its own downturn.
Sources
30 October 2008: Gazeta Wyborcza
Citation
Eurofound (2008), Fabryka Łożysk Tocznych – KRAŚNIK, Internal restructuring in Poland, factsheet number 67444, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67444.