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 over 100 jobs at its new production hall in Bielsk Podlaski. The company has purchased the hall from Nordhus which announced bankruptcy in 2018. 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, Swiss, Austrian and British markets.
Danwood belongs to Enterprise Investors. The company is Poland’s largest manufacturer of energy-efficient houses prefabricated in the system of wooden building frame. As of February 2019, the company employs about 2,000 people.
Eurofound (2019), Danwood, Business expansion in Poland, factsheet number 97352, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97352.