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.
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.99 - Manufacture of other fabricated metal products n.e.c.
120 jobs Number of planned job creations
Announcement Date
27 August 2015
Employment effect (start)
1 September 2015
Foreseen end date
Description
Malow, the manufacturer of metal furniture, has announced that will create 120 jobs at its new factory in Suwałki (Suwałki Special Economic Zone). The factory will begin production since September 2015. The company will provide special training and workshops for the employed staff. The sources revealed that Malow has invested PLN 65mn (EUR 15.40mn USD 17.28mn). Malow was founded in 1998. The company currently employs over 500 people and produces around 300,000 pieces of furniture each year at its three factories in Poland.
Sources
27 August 2015: Wirtualnay Nowy Przemysł
28 August 2015: Puls Biznesu
Citation
Eurofound (2015), Malow, Business expansion in Poland, factsheet number 84779, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84779.
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