Location of affected unit(s):
Manufacture of food products, beverages and tobacco products
10 - Manufacture of food products
Type of Restructuring:
Planned Job Creation:
The meat processing company, Pozmeat, fell into liquidation in September 2004 after years of quarrelling between individual and corporate shareholders, which have traded accusations of over-investing, excessive debt, and
obstruction of plans to improve the situation. The company went bankrupt in February 2005 and all workers were fired. Now Pozmeats premises are to be sold to a Dutch investor, who wants to reactivate production. Pozmeat is to employ circa 1,000 people, mainly women.