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.
Japanese producer of industrial plastic parts and components, Nifco Poland, announced that it will create 180 jobs in its factory in Świdnica (Wałbrzych Special Economic Zone) by the end of 2014. The company will employ engineers, specialists in plastic processing and maintenance specialists.
The restructuring is a result of an expansion to the company’s factory in Świdnica, which is expected to be completed by the end of 2016.The company produces plastic components for automotive industry, supplying customers such as Toyota, Suzuki and Nissan. Nifco has been operating in Poland since 2006. Nifco is a member of the government program "50 plus", which aims to support those over the age of 50 who are seeking employment.
The ERM previously reported on restructuring at Nifco Poland in 2011 and 2006 (2006a and 2006b).
Eurofound (2014), Nifco, Business expansion in Poland, factsheet number 77025, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77025.