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.
The bakery and biscuit producer MAMUT announced it is to close down its fresh bakery department in Wrocław and dismiss 190 people. On 26 July 2012, the company has signed bilateral agreement with the local trade unions.
The company reduces production because the demand for fresh bakery products has been falling in Poland for a few years now and MAMUT has fallen into debt. Leszek Jaroszyński, the director of the company, announced that MAMUT is to focus on the production of biscuits and other long shelf-life goods.
MAMUT was founded in the second half of the XIX century in Lower Silesia.
Eurofound (2012), MAMUT, Internal restructuring in Poland, factsheet number 74160, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74160.
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