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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
120 jobs Number of planned job losses
Announcement Date
20 October 2006
Employment effect (start)
Foreseen end date
Description
The US automotive supplier of sealing systems, GDX Automotive, decided to move its series production from two plants located in Odry and PÅ™Ãbor (Nový JiÄÃn region) to Ostrava-Hrabová industrial zone. The company also proceeded to the closure of the plant in Odry due to inconvenient conditions. This measure has resulted in 120 job cuts out of total 600 employees. The rest of employees will have to commute to Ostrava.
Sources
20 October 2006: Hospodárske noviny
Citation
Eurofound (2006), GDX Automotive, Relocation in Czechia, factsheet number 64274, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64274.
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