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.
Manufacturing (10 - 11) Manufacture of food and beverage 10.5 - Manufacture of dairy products and edible ice 10.5 - Manufacture of dairy products and edible ice
300 - 350 jobs Number of planned job losses
Announcement Date
11 January 2005
Employment effect (start)
Foreseen end date
Description
Madeta a.s., the largest distributor of dairy products in Czech Republic, continues with cutting staff due to a decreasing delivery of milk from Czech farmers, who have recently started to export a part of their milk production to Germany under higher prices. Madeta management intends to dismiss about 300 – 350 employees.
Sources
11 January 2005: Hospodárske noviny
Citation
Eurofound (2005), Madeta, Internal restructuring in Czechia, factsheet number 61013, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61013.