ZKW Slovakia

Type
Internal restructuring
Country
Slovakia
Region
Slovensko; Západné Slovensko; Nitriansky kraj
Location of affected unit(s)
Krušovce
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.31 - Manufacture of electrical and electronic equipment for motor vehicles
148 - 450 jobs
Number of planned job losses
Job loss
Announcement Date
6 May 2020
Employment effect (start)
30 April 2020
Foreseen end date

Description

The Austrian-owned producer of automotive lighting systems, ZKW Slovakia, based in Krusovce, lays off 148 workers out of total 2,150 employees, due to the coronavirus epidemic. ZKW management stated that none of the measures provided by the Slovak government allows the company to retain all employees by paying them 60% of their wages. The company reported a potential dismissal of 450 employees to the employment office.

According to the local trade union OZ KOVO, the mass redundancies can only be prevented by state intervention. The Confederation of Trade Unions of Slovakia consults on the issue with the government.

Sources

Citation

Eurofound (2020), ZKW Slovakia, Internal restructuring in Slovakia, factsheet number 100624, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100624.