EMCC European Monitoring Centre on Change

Bumar Group

Company/Organisation:
Bumar Group

Geographic Location

Country: Poland

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
Number Employed: 11000
Group: Bumar Group

Employment Effects

Announcement Date: 26-01-2011
Planned Job Reductions min: 2000
Planned Job Reductions max: 1500
Type of Restructuring: Internal restructuring
Employment Effect Start: 24-01-2011
Foreseen End Date: 31-12-2012

Additional Information

On 26 January 2011, a leading Polish supplier and exporter of armament and military equipment the Bumar Group announced it will cut 2,000 jobs by the end of 2012. The job cuts are a result of a restructuring programme, which was initiated after the recession and has affected all factories across Poland. The programme is focused on closing or selling non-military production companies within the Bumar Group. The trade unions strongly opposed redundancies, but eventually the bilateral agreement between trade unions and company was signed on 24 January 2011. The redundant employees will receive a severance pay from 4,000 to 10,000 EUR. For earlier report on Bumar look at the factsheet ID 14351.


The Bumar Group has 24 manufacturing and trading companies specialised in production of munitions, radars, rockets and armour. Also the group has construction service companies and agricultural plant.