EMCC European Monitoring Centre on Change

Lotos Group

Company/Organisation:
Lotos Group

Geographic Location

Country: Poland
Region: Gdanski; Pomorskie; Polnocny
Location of affected unit(s): Gdańsk

Company

Sector: Manufacturing
Manufacture of coke, and refined petroleum products
19.2 - Manufacture of refined petroleum products

Employment Effects

Announcement Date: 17-07-2013
Type of Restructuring: Business expansion
Employment Effect Start: 18-07-2013
Foreseen End Date: 31-12-2015
Planned Job Creation: 2000

Additional Information

On 17 July 2013, Polish fuel producer and distributor Lotos Group announced its plans to create between 2,000 and 3,000 jobs through the programme ‘Efficiency and Development 2013-2015’, fostering the search for oil reservoirs and well drilling in the Baltic Sea. The group is to invest 8 mld PLN (about 1.9 mld EUR).