Isoflock

Type
Bankruptcy
Country
Czechia
Region
Česko; Praha; Hlavní město Praha
Location of affected unit(s)
Třeboradice (Prague)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
120 jobs
Number of planned job losses
Job loss
Announcement Date
18 July 2006
Employment effect (start)
17 July 2006
Foreseen end date

Description

All 120 employees have lost their jobs as the Czech subsidiary of German automotive parts producer Isoflock which is located in Třeboradice (Prague district) closes its plants. This is due to the insolvency of the mother company in Germany.

Sources

  • 18 July 2006: Hospodárske noviny

Citation

Eurofound (2006), Isoflock, Bankruptcy in Czechia, factsheet number 63793, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63793.