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.
(10 - 33) Manufacturing (24 - 25) Manufacture of metals 25 - Manufacture of fabricated metal products, except machinery and equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
180 jobs Number of planned job losses
Announcement Date
27 July 2005
Employment effect (start)
Foreseen end date
31 December 2005
Description
After its debut on the Polish stock exchange market in February 2005, Śrubex, producer of screws, announced it is to reduce its workforce by over 20% this year. Unions declared that protesting action is to be expected.
Sources
27 July 2005: Rzeczpospolita
Citation
Eurofound (2005), Śrubex, Internal restructuring in Poland, factsheet number 62046, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62046.
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