Type
Internal restructuring
Country
Czechia
Region
Location of affected unit(s)
Raškovice, Trutnov
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13.3 - Finishing of textiles

290 jobs
Number of planned job losses
Job loss
Announcement Date
14 March 2008
Employment effect (start)
Foreseen end date

Description

Slezan Frýdek-Místek, a Czech traditional textile company, has announced its restructuring plan that involves 290 job cuts at its two operation sites. 90 employees have already lost their jobs in Raškovice weaving mill (Frýdek-Místek region) and another 200 people will be dismissed in Trutnov site (Hradec Králové region). The reasons stated were competition from Asian producers, increasing energy prices and CZK exchange rate. As of March 2008, there is no information on the number employed at the affected units and when the job losses will be implemented.


Sources

  • 14 March 2008: Hospodárske noviny

Citation

Eurofound (2008), Slezan Frýdek-Místek, Internal restructuring in Czechia, factsheet number 66400, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66400.