Company/Organisation:
Zachem
Geographic Location
Country:
Poland
Region:
Bydgoski; Kujawsko-Pomorskie; Polnocny
Location of affected unit(s):
Bydgoszcz
Company
Sector:
Manufacturing
Manufacture of chemicals and chemical products
20 - Manufacture of chemicals and chemical products
Number Employed:
880
Group:
Ciech
Employment Effects
Announcement Date:
27-02-2012
Planned Job Reductions min:
150
Planned Job Reductions max:
150
Type of Restructuring:
Internal restructuring
Employment Effect Start:
27-02-2012
Foreseen End Date:
31-12-2012
Additional Information
Zachem, a Poland-based chemicals company, announced a restructuring program, which is to cut 150 jobs in 2012. It is reported that the redundancies are due to worsening financial outlook for the company and are expected to lead to about 15-20 mln PLN savings.
Zachem produces toluene diisocyanate, allyl chloride, polyurethane foam and other chemical products.
The company was established in 1948 and was operated as state-owned company until its privatization in 2006.
Sources:
27-02-2012Rzeczpospolita
Sources Links:
ekonomia24.pl/artykul/706160,829520.html
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