Type
Internal restructuring
Country
Czechia
Region
Stredni Morava; Olomoucky;
Location of affected unit(s)
Hranice
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products

570 jobs
Number of planned job losses
Job loss
Announcement Date
10 August 2007
Employment effect (start)
31 August 2007
Foreseen end date

Description

Multidisplay, a manufacturer of electronic valves and tubes, is to cut 570 jobs at its Hranice site. The plant at Hranice employs 990 and produces tubes for electronic equipment such as televisions and radios. The facilities at the site will be converted so that LCD monitors will be produced in the future.The redundancies will be implemented from the end of August 2007. Multidisplay is a former subsidiary of LG.Philips Displays and is now owned by the group CTP.


Sources

  • 10 August 2007: Hospod├írske noviny

Citation

Eurofound (2007), Multidisplay, Internal restructuring in Czechia, factsheet number 65751, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65751.