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 construction company Danwood has announced that it will create 150 new jobs at its production facility in Bielsk Podlaski in 2016. Currently, a new production hall is being built; the facility is expected to be operational in November 2016 and it will produce components for timber frame houses. The restructuring programme is associated with the very robust increases in sales in Germany and company’s plans to expand its activity also on Polish and British market.
Currently, Danwood employs over 1,100 people; it belongs to Polish construction group Budimex.
Eurofound (2016), Danwood, Business expansion in Poland, factsheet number 88251, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88251.