Type
Internal restructuring
Country
Czechia
Region
Jihovychod; Vysocina;
Location of affected unit(s)
Jihlava
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Other Non-Metallic Mineral Products
23 - Manufacture of other non-metallic mineral products

200 jobs
Number of planned job losses
Job loss
Announcement Date
24 October 2006
Employment effect (start)
Foreseen end date
31 January 2007

Description

Czech leading crystal glassware producer, Jihlavské sklárny Bohemia, has ceased handmade production and thus will dismiss about 200 people by the end of January 2007. The company has been undergoing restructuring process since July 2002 when the bankruptcy was declared. The company used to employ 1,200 people but there have been continuous cutbacks under the new owner Burson Properties (as of February 2003). Now, the company employs some 700 people.


Sources

  • 24 October 2006: Hospodárske noviny

Citation

Eurofound (2006), Jihlavské sklárny Bohemia (Jihlava Glassworks Bohemia), Internal restructuring in Czechia, factsheet number 64290, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64290.