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.
Manufacturing (31) Manufacture of furniture 31 - Manufacture of furniture 31 - Manufacture of furniture
700 jobs Number of planned job losses
Announcement Date
26 March 2005
Employment effect (start)
Foreseen end date
Description
Holzwerk, producer of wooden elements, went bankrupt in 2004. The company was given three months to settle with its creditors. Holzwerk's situation improved and production was resumed, until a fire destroyed its premises in Pisz (Warmińsko — Mazurskie).
Sources
26 March 2005: Rzeczpospolita
Citation
Eurofound (2005), Holzwerk, Bankruptcy in Poland, factsheet number 61350, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61350.