Type
Bankruptcy
Country
Slovakia
Region
Stredne Slovensko; Zilinsky kraj;
Location of affected unit(s)
Liptovský Mikuláš
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13.2 - Weaving of textiles

162 jobs
Number of planned job losses
Job loss
Announcement Date
7 May 2004
Employment effect (start)
1 March 2004
Foreseen end date
30 April 2004

Description

Maytex is one of the major textile fabric producers in Slovakia. In order to save the company, which has filed for bankruptcy, the company crisis management dismissed 162 employees in March and April 2004. This crisis management believes the chance to save the company is real and Maytex could be a prosperous company in the future.


Sources

  • 7 May 2004: Hospodárske noviny

Citation

Eurofound (2004), Maytex, Bankruptcy in Slovakia, factsheet number 60383, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60383.