Hanácký masokombinát Olomouc

Type
Closure
Country
Czechia
Region
Česko; Střední Morava;
Location of affected unit(s)
Sector
Manufacturing
(10 - 11) Manufacture of food and beverage
10.1 - Processing and preserving of meat and production of meat products
10.11 - Processing and preserving of meat, except of poultry meat
270 jobs
Number of planned job losses
Job loss
Announcement Date
1 March 2005
Employment effect (start)
Foreseen end date
28 February 2005

Description

Hanácký masokombinát Olomouc, an important meat products producer, finished its production on 28 February 2005 and all 270 employees were dismissed. The plant, situated in industrial zone of Olomouc, is now being transformed into a logistic area. The main reason of the closure is the fact that the company cannot reflect increasing feed stock prices into final products.

Sources

Citation

Eurofound (2005), Hanácký masokombinát Olomouc, Closure in Czechia, factsheet number 61321, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61321.