ECONOMIC EFFICIENCY OF RESTRUCTURING PROCESSES OF INDUSTRIAL ENTERPRISES ON THE EXAMPLE OF IRONWORKS IN POLAND
Journal Title: Współpraca Europejska - Year 2017, Vol 24, Issue 5
Abstract
The steel industry in Poland was deployed in the southern part of the country and in the Mazowieckie Voivodship (Zachodniopomorskie), Zachodniopomorskie (Huta Szczecin). These 26 economic entities were involved in the economic transformation process with unfavorable technical and technological parameters and crude steel capacity of 20 million tons per year. Participation of the martensite process (over 30%) in the production of liquid steel; Almost 93% steel casting rate for classic ingot molds. On the other hand, over-employment (almost 145,000 employees), low productivity (about 130 tonnes / person) and obsolete technical equipment made it ineffective. The steel industry restructuring began in 1992 (after the government adopted the directions for development proposed by the consortium of Canadian companies (HATCH ASSOCIATES LTD., ERNST & YOUNG and STELTECH). They gave impetus to the development of sectoral restructuring programs. Following Poland's signature of the Association Agreement with the European Union, its modernization began in 1992, through the years 1998, 2001, 2002 and 2003. In those years a government program for the restructuring of the iron and steel industry was formed and it was extended for the years 2007-2010.
Authors and Affiliations
Radosław Miśkiewicz
Keywords
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