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 Of Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16.21 - Manufacture of veneer sheets and wood-based panels
187 jobs Number of planned job losses
Announcement Date
27 November 2006
Employment effect (start)
27 November 2006
Foreseen end date
31 January 2007
Description
BuÄina company in Zvolen, which celebrated the 60-year anniversary of its establishment in 2006, will be closed soon. BuÄina was one of the biggest employers in the region. According to the representative of the local employment office, mass dismissal has already started in the company and from 27 November 2006 to 31 January 2007 in total 187 employees will be dismissed there. Only 37 employees will work in the company from February 2007. Production of veneer wood sheets will be relocated to BuÄina DDD Company, which is a part of Austrian multinational Kronospan Company.
Sources
27 November 2006: SME
Citation
Eurofound (2006), BuÄina, Relocation in Slovakia, factsheet number 64542, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64542.
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