Instal Lublin to sack 25% of staff during Q1

One of the largest domestic companies specializing in heat, ventilation, air-conditioning and sanitary installations, Instal Lublin, has announced plans to dismiss over 25% of its workforce, meaning around 100 employees will lose their jobs. Company representatives said the aim is to significantly lower costs and improve productivity and efficiency. The lay-offs will take place still in the first quarter of this year. The company's major shareholder is Mostostal-Export, which has over 70% of votes in the Shareholders Meeting. (Rzeczpospolita, p. B3) A.K.