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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
300 jobs Number of planned job losses
300 jobs Number of planned job creations
Announcement Date
15 November 2011
Employment effect (start)
15 November 2011
Foreseen end date
Description
A Polish metal processing company ZUGIL (Zakład Urządzeń Galwanicznych i Lakierniczych) in Wieluń announced plans to dismiss 300 people.
The company gave as a reason the crisis in the automotive market in Europe. According to the company its customers from Germany and Sweden have limited their business activities. Witold Jajszczok, a spokesman of Gwarant Group, said that ZUGIL has been strongly affected by the lack of new orders.
ZUGIL is a Polish company founded in 1948. The company supplies galvanizing and painting equipment's manufacturing as well as machines and buildings steel constructions for European customers.
Sources
15 November 2011: Rzeczpospolita ()
Citation
Eurofound (2011), ZUGIL, Internal restructuring in Poland, factsheet number 72753, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72753.
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