Stolbud

Type
Closure
Country
Poland
Region
Location of affected unit(s)
Włoszczowa, Pszczyna
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16.2 - Manufacture of products of wood, cork, straw and plaiting materials
16.23 - Manufacture of other builders' carpentry and joinery
500 jobs
Number of planned job losses
Job loss
Announcement Date
10 July 2019
Employment effect (start)
10 July 2019
Foreseen end date

Description

The Polish producer of wooden windows and doors Stolbud Włoszczowa has announced that it will close down its two production facilities in Włoszczowa and Pszczyna. As a result, about 500 job vacancies will be cut. The company has copied with financial difficulties for a few years. In 2018, the company cut significantly the production in the factories.

Stolbud was founded in 1965. Currently, the company is part of the Koronea Group. The group has 8 production sites, employs about 3,000 people, and its products are sold in 37 countries worldwide.

Sources

Citation

Eurofound (2019), Stolbud, Closure in Poland, factsheet number 98170, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98170.