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.
Steel mill Huta Bankowa has announced that will cut about 100 jobs at its steelworks in Dąbrowa Górnicza. Despite intensive negotiations, the company and the local trade unions have not signed a bilateral agreement. The board has announced that collective dismissals will be implemented even if trade unions have not accepted the conditions of the restructuring programme. The company revealed that the restructuring programme is necessary due to the declining demand for steel products. The steelworks produces long products, wheel tyres and machined rings. Currently, the company employs over 500 people.
Eurofound (2015), Huta Bankowa, Internal restructuring in Poland, factsheet number 85659, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/85659.