Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Elcatec, a company focusing in the production of cable harnesses for vehicles, is set to cease operations in the city of Havlíčkův Brod and will lay off all 150 employees by the end of September 2025. The main reason for the closure of the plant is the unfavourable situation in the automotive industry and steadily rising costs.
The number of employees at the company already fell last year. According to the annual report, in 2023, Elcatec employed an average of 349 people, compared to 235 last year.
Elcatec is part of the German company Dieter Braun.
Eurofound (2025), Elcatec, Closure in Czechia, factsheet number 203051, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203051.