Type
Closure
Country
Slovakia
Region
Zapadne Slovensko; Nitriansky kraj;
Location of affected unit(s)
Tlmače
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Other Non-Metallic Mineral Products
23 - Manufacture of other non-metallic mineral products

300 jobs
Number of planned job losses
Job loss
Announcement Date
28 May 2008
Employment effect (start)
1 March 2008
Foreseen end date
30 June 2008

Description

Preciosa, which produces cut glass, bijouterie and crystal elements for lamps, will close its production plant in Tlmače with a loss of 300 jobs. The company started laying off employees in March and according to the production plant’s CEO, Roman Homola, the production division will end operations completely by the end of June 2008 when all 300 jobs will be gone. The operation of the sales division will, however, continue. Reasons for the closure have not yet been announced. The Czech company has been operating in the area for 40 years.


Sources

  • 28 May 2008: SME

Citation

Eurofound (2008), Preciosa, Closure in Slovakia, factsheet number 66720, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66720.