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.
The bankruptcy of the Polish construction company Polbud was ratified by a court decision on 14 May 2014. As a consequence 200 jobs are lost and the company will be liquidated. It is also reported that workers have not received salaries since February 2014.
The company has been operating in Poland over 60 years.
Eurofound (2014), Polbud, Bankruptcy in Poland, factsheet number 77180, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77180.