Restructuring events
European Restructuring Monitor (ERM)
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.
The Kutno Local Goverment Hospital announced its plan to dismiss 119 workers. The redundancies will involve 79 jobs which will be lost by the end of 2010 and additional 40 people will be left to go in early 2011. On 1 December 2010 the Hospital underwent the process of ownership conversion - the Hospital became a non-public institution managed by the Kutno County. The core reason behind the change of ownership was initiated by the critical financial situation of the hospital in 2010 as the institution had over 77 million PLN debts (over 19 million Euros).
Eurofound (2010), Kutno Local Goverment Hospital, Internal restructuring in Poland, factsheet number 71363, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71363.