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 (10 - 11) Manufacture of food and beverage 10.1 - Processing and preserving of meat and production of meat products 10.1 - Processing and preserving of meat and production of meat products
408 jobs Number of planned job losses
Announcement Date
6 November 2007
Employment effect (start)
Foreseen end date
31 December 2007
Description
Drůbežárny Xaverov, a poultry slaughter house, has announced that it is to close its site in Prague with the loss of 408 jobs. The job losses and closure of the plant will be implemented by the end of 2007. Sources have speculated that the closure of the firm, with a 15 per cent share of the Czech market in chicken meat, may cause the price of chicken meat in Czech Republic to rise.
Sources
6 November 2007: MF Dnes
Citation
Eurofound (2007), Drůbežárny Xaverov, Closure in Czechia, factsheet number 66010, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66010.