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.
Ships building company Crist announced its plans to create between 300 and 500 additional new job positions over the next few years at the shipyard in Gdańsk. The company estimates that its profitability will amount somewhere between €100 million and €120 million with current and future contracts, thus building a portfolio that ensures stable work for the company over the next five years. In addition to this, the company plans to invest PLN 80 million (€18.63 million) in the modernisation of the shipyard with new machinery, automation and robotization of its production facilities in Gdynia and Gdansk.
Founded in 1990, the company specialises in shipbuilding, offshore constructions, steel structures, sea engineering, civil engineering.
Eurofound (2019), Crist, Business expansion in Poland, factsheet number 99131, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99131.