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.
Information / Communication Publishing Of Information; Production And Programming Of Audiovisual Programming And Broadcasting Activities 60.2 - Television programming and broadcasting activities
200 - 300 jobs Number of planned job losses
Announcement Date
15 October 2012
Employment effect (start)
1 January 2013
Foreseen end date
31 December 2013
Description
The Ministry of Treasury urged the national TV company, TVP (Polish Public Television), to implement a restructuring programme in order to reduce its costs and improve its finances. According to the restructuring programme, between 200 and 300 jobs are expected to be cut in 2013.
In October 2012 Juliusz Braun, director of TVP, revealed the financial loss of the company in 2012 may be higher than 60 mln PLN. TVP is applying for 70 mln PLN loan, in addition to plans to sell a property in Warsaw.
Sources
15 October 2012: Gazeta Prawna ()
Citation
Eurofound (2012), TVP, Internal restructuring in Poland, factsheet number 74557, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74557.
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