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.
Polish oil and gas company Polskie Górnictwo Naftowe i Gazownictwo (PGNiG), a subsidiary of the PGNiG group, announced that 200 jobs will be cut through a voluntary redundancy scheme. According to the source, the redundancy scheme will run until mid-May.
According to the source, the job cuts are part of a wider restructuring plan for the 2014-2016 period and the company aims to improve its financial and organisational effectiveness. The company is the largest Polish oil and Gas Company and currently employs 8,000 people.
Eurofound (2014), PGNiG, Internal restructuring in Poland, factsheet number 77167, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77167.