October 23, 2014 5:46 PM ET

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Company Overview of Wydawnictwa Szkolne i Pedagogiczne SA

Company Overview

Wydawnictwa Szkolne i Pedagogiczne SA publishes textbooks, supplementary books, and multimedia for various types of schools and school levels in Poland. It offers textbooks and supplementary educational books for various subjects; books for teachers and parents in the areas of methodic, education, and child’s psychology; foreign languages courses; books for the teachers and parents of handicapped children; multimedia, including multimedia textbooks; and Internet services for teachers and students. The company also sells and buys licenses for books and multimedia. Wydawnictwa Szkolne i Pedagogiczne SA was founded in 1945 and is based in Warsaw, Poland.

Al. Jerozolimskie 136

Warsaw,  02-305

Poland

Founded in 1945

Phone:

48 225 76 25 10

Fax:

48 225 76 25 09

Key Executives for Wydawnictwa Szkolne i Pedagogiczne SA

President
President of the Management Board
Member of the Management Board
Member of the Management Board
Member of the Management Board
Compensation as of Fiscal Year 2014.

Wydawnictwa Szkolne i Pedagogiczne SA Key Developments

Wydawnictwa Szkolne i Pedagogiczne to Lay Off Fewer People Than Originally Planned

Wydawnictwa Szkolne i Pedagogiczne (WSiP) has decided to reduce the planned redundancies from over 120 to 73 people. The layoffs are due to changes in law which introduce free textbooks. The employer and trade unions signed an agreement specifying the terms and conditions of collective redundancies, including compensation, bonuses and extra benefits. Negotiations with trade unions started on 19 May 2014. Legislative changes made the government a dominant publisher of coursebooks for elementary schools, which forced WSiP to start a restructuring process that included downsizing. The new law introduces free textbooks for pupils in elementary schools and junior highs. It is estimated that free coursebooks for grades 1-3 will slash the educational publishers' annual revenues by roughly PLN 350 million.

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