EMCC European Monitoring Centre on Change

Pozmeat

Company/Organisation:
Pozmeat

Geographic Location

Country: Poland
Region: Wielkopolskie; Polnocno-Zachodni
Location of affected unit(s): Robaków

Company

Sector: Manufacturing
Manufacture of food products, beverages and tobacco products
10 - Manufacture of food products

Employment Effects

Announcement Date: 20-02-2006
Type of Restructuring: Merger/Acquisition
Planned Job Creation: 1000

Additional Information

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 Pozmeat’s premises are to be sold to a Dutch investor, who wants to reactivate production. Pozmeat is to employ circa 1,000 people, mainly women.