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.
Financial Services Financial And Insurance Activities Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65 - Insurance, reinsurance and pension funding, except compulsory social security
300 jobs Number of planned job losses
Announcement Date
17 March 2009
Employment effect (start)
Foreseen end date
31 December 2009
Description
Towarzystwo Ubezpieczeń i Reasekuracji "Warta", the insurance company, is planning to cut 300 jobs (out of a workforce of 2723) from its Warsaw headquarters and its branches nationwide by the end of 2009. Warta is a major Polish insurer offering a full range of insurance products - vehicle, property, tourist and personal, third party liability, etc.
Sources
17 March 2009: Gazeta Wyborcza
Citation
Eurofound (2009), Towarzystwo Ubezpieczeń i Reasekuracji, Internal restructuring in Poland, factsheet number 68574, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68574.
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