Although the Radom plant had been undergoing restructuring for five years, aimed at helping it escape the slump it found itself in, no one expected the company’s management to take the most drastic decision, especially for employees, and decide to liquidate it. That decision has already been made, as confirmed by the Radom County Labor Office.
Layoffs will continue until the end of the year
All employees of the Radom plant, a total of 102 people, will lose their jobs. The layoffs will be spread over time from August to December. Their accumulation will occur in November, when contracts will be terminated for 86 people.
Renata Koska, director of the Radom County Labor Office (PUP), told Money.pl that this is frightening news. She also emphasized that the office will not leave those who lose their jobs to fend for themselves. To provide the necessary help, the Radom office will apply for an additional pool of funds from the Ministry of Family, Labor and Social Policy, which will be essential to organize assistance for this group that will soon join the ranks of the unemployed and find work. The PUP is announcing training and help with retraining employees. This may not be easy for many, as a large portion of the workforce is over 50 years old, who have been associated with the Radom plant for years.
On top of that, the local labor market situation adds to the problem. In May, the unemployment rate in the region was 6.5%, 0.6 percentage points higher than the national average.
The company could not withstand competition
The company’s leaders, who tried to fight for its survival by implementing restructuring, admit outright that one of the main reasons is competition they could not meet. Especially competition from China, which has taken over the global metallurgical industry due to competitive prices that cannot be achieved in European business realities. High labor costs and taxes, including those introduced by the European Union, also play a role, keeping many entrepreneurs up at night. Access to raw materials is also significant, especially for China.
As company representatives point out, problems began to mount in 2022, after the full-scale war in Ukraine broke out. Then the rise in material and energy prices significantly impacted the fact that European companies found it even harder to compete with enterprises outside the “community”, especially China. According to financial documents, in 2023-2025 the company recorded a cumulative loss of 30 million PLN. The Czech owner of the Radom plant, the Třinecké železárny-Moravia Steel group, decided to conduct a transparent liquidation process, demonstrating its responsibility, including for the employees who have been the backbone of the company for years.
Finally, it is worth noting that the Radom plant has almost 150 years of history. It was founded in 1879. Throughout its operation it changed owners. In 1990 it was converted into a state-owned company, which was later privatized.
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