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.
It is estimated that the Polish National Sugar Company has a production overcapacity of about 40%. In order to return to profitability, a restructuring programme has been set up. It involves the closure of 4 of the 22 production sites of the company: Borowiczki, Sokołów, Żnin, Klemensów. Discontinuation of production at these four sugar refineries will entail the dismissal of some 700 employees. According to the collective agreement the dismissals will start from 30 April 2006.
Eurofound (2004), National Sugar Company, Internal restructuring in Poland, factsheet number 60354, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/60354.
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