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.
On 21 November 2012, construction company Bilfinger Berger Budownictwo announced plans to cut 400 jobs by the end of 2012.
The restructuring is due to a shrinking order book and the general decline in the construction sector in Poland.
Bilfinger Berger has been operating in Poland since 1994 and it specializes in infrastructural projects. It currently employs around 1200 people.
Eurofound (2012), Bilfinger Berger Budownictwo, Internal restructuring in Poland, factsheet number 74683, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74683.