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 clothing retailer LPP announced its plan to create 100 new jobs at its logistic centre in Pruszcz Gdański in 2015. The source also reports that LPP plans to increase its workforce by several thousand in connection to the expansion of the network and openings of around 200 new stores in 2015, both in Poland and abroad. LPP was founded in 1995 and currently owns 5 clothing brands (Reserved, Cropp, House, Mohito, Sinsay) and has almost 1,516 stores in Poland, Russia, Ukraine, Latvia, Lithuania, Estonia, Czech Republic, Slovakia, Bulgaria, Croatia, Hungary, Romania and Egypt.
Eurofound (2015), LPP, Business expansion in Poland, factsheet number 79111, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/79111.