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.
PKP, the state-owned railway operator, announced that over 300 workers entered to the voluntary dismissal programme across Poland. The sources report that redundant workers will receive severance pay amounting to 18-24 months' wages, according to seniority. The company estimates that the restructuring programme will help save up to PLN 13 million.
PKP was founded in 2001 as a result of the commercialisation of state company Polskie Koleje Państwowe (Polish State Railways) and it is a part of PKP group. PKP supervises and coordinates the activities of the group’s companies. PKP is also the owner of a large part of railway stations in Poland.
Eurofound (2014), PKP, Internal restructuring in Poland, factsheet number 77532, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77532.