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 (29 - 30) Manufacture for transport equipment 30 - Manufacture of other transport equipment 30 - Manufacture of other transport equipment
450 jobs Number of planned job losses
Announcement Date
22 February 2005
Employment effect (start)
1 March 2005
Foreseen end date
31 December 2005
Description
Tatravagónka in the city Poprad is a company with a long tradition in production of railway rolling stock. Due to lower demands for wagon production — less of 25% than in 2004, the company management announced for 2005 a layout of 450 employees of which 200 are blue-collar workers. Last major redundancy took place in the company in 2003 when almost 100 employees were dismissed.
Sources
22 February 2005: SME
Citation
Eurofound (2005), Tatravagónka, Internal restructuring in Slovakia, factsheet number 61148, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61148.