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 (16 - 17) Manufacture of wood and paper materials 16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
200 jobs Number of planned job creations
Announcement Date
29 May 2017
Employment effect (start)
29 May 2017
Foreseen end date
Description
On 29th May 2017, German producer of LVL wood-based panels for use in construction and paining Steico has announced the creation of 200 new jobs at its production facility in Czarna Woda (Pomeranian Special Economic Zone, Poland). The restructuring programme is associated with the opening of the second production hall in the factory. Since 2015, the company has invested about EUR 100 million in the unit in Czarna Woda.
Steico has been operating in Poland since 1998; the company has production facilities in two locations (Czarnków and Czarna Woda) employing over 1,000 people.
Sources
29 May 2017: Strefa Biznesu
Citation
Eurofound (2017), Steico, Business expansion in Poland, factsheet number 91228, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/91228.
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