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 Wood And Paper Materials Manufacture Of Paper And Paper Products 17 - Manufacture of paper and paper products
148 jobs Number of planned job losses
Announcement Date
7 May 2017
Employment effect (start)
7 May 2017
Foreseen end date
Description
Polish producer of paper products Żywieckie Zakłady Papiernicze Solali has announced that it will implement a collective dismissal programme affecting 148 jobs at the unit in Żywiec. The company entered a liquidation process last September (2016) as the company has about PLN 30 million debt (EUR 7.15 million USD 7.91 million), and some of the employees have not received salaries since March 2017. The company’s trustee has tried to find a new investor.
The factory in Żywiec was established in 1833. The company is specialised in the production of pure pulp papers, napkin tissue papers, decorative tissue papers and tablecloths.
Sources
7 May 2017: Strefa Biznesu
Citation
Eurofound (2017), Żywieckie Zakłady Papiernicze Solali, Bankruptcy in Poland, factsheet number 90967, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90967.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
