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 - Manufacture of textiles 13 - Manufacture of textiles
150 jobs Number of planned job losses
Announcement Date
14 June 2005
Employment effect (start)
Foreseen end date
31 December 2005
Description
Producer of linen and cotton textiles Moravolen Jeseník intends to dismiss 150 workers by the end of 2005 due to the lack of customer demand. It was stated that Czech textile industry as a whole lost more than 5,800 jobs during a one year period.
Sources
14 June 2005: Hospodárske noviny
Citation
Eurofound (2005), Moravolen Jeseník, Internal restructuring in Czechia, factsheet number 61759, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61759.