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 (13 - 15) Manufacture of textiles, apparel and leather 13.1 - Preparation and spinning of textile fibres 13.1 - Preparation and spinning of textile fibres
130 jobs Number of planned job losses
Announcement Date
14 January 2005
Employment effect (start)
Foreseen end date
31 March 2005
Description
The producer of linen yarns Moravolen Holding, decided to close its plant Moravolen Bruntál a.s., producing worsted spinning mill, due to the lack of customer demand. The production will end by the end of March 2005.
Sources
14 January 2005: Lidové Noviny
Citation
Eurofound (2005), Moravolen Bruntál a.s., Closure in Czechia, factsheet number 61016, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61016.