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.
On 11 July 2011, waste management company Czyścioch started the construction of the new facility in Studzianki nearby Wasilków (Podlaskie Voivodeship) where 100 people will be hired.
The sorting department and factory of alternative fuel made from waste are expected to be opened by the end of 2011. The investment is worth 55 million PLN (approx. 13.7 million EUR). This investment has caused some concerns among some local residents, because they were not informed about planned fuel production, but according to the local authorities the investment is legal and completely safe for health.
Established in 1992, Czyścioch is a waste management company which operates in Białystok and the Podlaskie Voivodeship (Province).
Eurofound (2011), Czyścioch, Business expansion in Poland, factsheet number 72199, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/72199.
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