Papírny Štětí

Type
Closure
Country
Czechia
Region
Česko; Severozápad; Ústecký kraj
Location of affected unit(s)
Štětí
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
17 - Manufacture of paper and paper products
17 - Manufacture of paper and paper products
210 jobs
Number of planned job losses
Job loss
Announcement Date
8 February 2008
Employment effect (start)
1 April 2008
Foreseen end date
30 June 2008

Description

Paper mill Papírny Štětí, a Czech subsidiary of Norske Skog, has announced that it is to cut 210 jobs by closing its plant in Štětí. The closure is due to financial problems of its Norwegian owner. The production of newsprint paper is to be terminated in the second quarter of 2008.

Sources

  • 8 February 2008: Hospodárske noviny

Citation

Eurofound (2008), Papírny Štětí, Closure in Czechia, factsheet number 66275, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66275.