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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20.6 - Manufacture of man-made fibres 20.6 - Manufacture of man-made fibres
250 jobs Number of planned job creations
Announcement Date
13 May 2019
Employment effect (start)
13 May 2019
Foreseen end date
Description
The US-based producer of synthetic fiber Universal Fibers has announced that it will create 250 jobs at its newly opened factory in Gorzów Wielkopolski, Poland, within the next years. The company has invested PLN 30.14 million (€7.07 million) in the factory equipment. The unit is also expected to be the main company’s distribution centre in Europe. The unit will specialise in the production of synthetic fiber for car upholstery, covering and carpets.
Universal Fibers is one of the global largest synthetic fiber manufacturer. The company was founded in 1969 in the USA.
Eurofound (2019), Universal Fibers, Business expansion in Poland, factsheet number 97791, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/97791.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...