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.
Polish food company Tymbark, a subsidiary of Maspex group, has announced that it will increase its workforce by 10% what implies that 70 new jobs will be created at the new facility in Olsztynek (Katowice Special Economic Zone, Poland). Maspex Group invested PLN 170 million (€39.2 million) in the production and logistic facilities in the city.
Maspex is one of largest food company in Central and Eastern Europe, which owns more than 20 companies in the region. Tymbark is a producer of juices and beverages. In Olsztynek, Tymbark has been operating since 1996; currently, the company employs 700 people.
Eurofound (2018), Tymbark, Business expansion in Poland, factsheet number 94568, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/94568.