Nordhus

Type
Bankruptcy
Country
Poland
Region
Makroregion wschodni; Podlaskie; Łomżyński
Location of affected unit(s)
Bielsk Podlaski
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16.2 - Manufacture of products of wood, cork, straw and plaiting materials
16.2 - Manufacture of products of wood, cork, straw and plaiting materials
140 jobs
Number of planned job losses
Job loss
Announcement Date
18 January 2018
Employment effect (start)
Foreseen end date
28 February 2018

Description

In January 2018, producer of modular buildings Nordhus declared bankruptcy. As a consequence, the production facility in Bielsk Podlaski will be shut down as the unit is no longer profitable, resulting in the dismissal of 140 employees by the end of February 2018.

The local employment agency has announced it will implement some measures for the redundant workers. Nordhus has produced modular and panel buildings for houses, hotels and hospitals in Bielsk Podlaski since 2013.

Sources

  • 18 January 2018: Strefa Biznesu

Citation

Eurofound (2018), Nordhus, Bankruptcy in Poland, factsheet number 93120, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93120.