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.
Katowicki Holding Węglowy (KHW), a group of six coal mines, is to introduce a voluntary redundancy program. Through interviews with employees, the company estimated that at least 130 of them will apply for vouluntary redundancy.
The program is addressed to those who have already acquired early retirement benefits - there are 259 such employees in KHW. Employees who will enter the program shall receive severance pays in the region of PLN 50,000 to PLN 99,000 (EUR 12,500 - 24,750).
In the mid-term the restructuring program might be expanded to other employees. In the long term, KHW plans to reduce employment from 21,000 people to 15,000 - 16,000.
Eurofound (2010), Katowicki Holding Węglowy, Internal restructuring in Poland, factsheet number 70587, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70587.
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