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.
Swedish heating technology company Nibe-Biawar, a subsidiary of Nibe group, has announced that it will increase its employment by 14%, which implies that 50 new jobs will be created at the production unit in Białystok. Nibe-Biawar is looking for fitters and welders. The company has also revealed that it will invest about PLN 25 million (EUR 6 million) in the construction of a new factory, R&D centre and office in Białystok. The first stage of the investment is expected to be finished in the first quarter of 2019 and will bring about 60-70 jobs.
Nibe group is a supplier of heating technology, including heat pumps, boilers, and ventilation systems. Biawar was founded as a state-owned company in 1968 before being acquired by Nibe in 2000. Currently, the company employs about 350 people in Białystok.
Eurofound (2018), Nibe-Biawar, Business expansion in Poland, factsheet number 93780, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93780.