EMCC European Monitoring Centre on Change

ADVADIS

Company/Organisation:
ADVADIS

Geographic Location

Country: Poland

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
46 - Wholesale trade, except of motor vehicles and motorcycles

Employment Effects

Announcement Date: 09-03-2011
Planned Job Reductions min: 150
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-07-2010
Foreseen End Date: 31-12-2010

Additional Information

Advadis, a wholesaler of alcoholic and other beverages, presented the results of its restructuring operations in the second half of 2010. The company dismissed 150 people across all units in Poland and cut up to 40% of wages of senior management.