NOWOMAG Factory in Nowy Sącz to Close, Group Layoffs Planned

The NOWOMAG factory in Nowy Sącz, a significant employer in the region for half a century, is set to close. The decision to liquidate the facility and initiate group layoffs was recently confirmed by Grenevia S.A., the parent company. This move comes after extensive analysis revealed a persistent downturn in the market for mining machinery and equipment.

Several factors contributed to the factory's decline, including a long-term decrease in orders from domestic coal mines, the challenging financial state of mining companies, the loss of the Russian market following the conflict in Ukraine, shifts in the energy market, and some clients opting for in-house production. At its peak, the Nowy Sącz factory employed around 1,100 people, having begun operations in 1976.

While production will be consolidated at Grenevia's Glinik factory in Gorlice, which possesses greater production and technical capacity, this facility will also see some layoffs. Details regarding the specifics of the liquidation and the timeline and conditions for the group layoffs are expected in the coming weeks. The company stated that it was compelled to make this decision due to the worsening market conditions impacting the Nowy Sącz plant.