Restructuring events
European Restructuring Monitor (ERM)
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.
Pleas, a textile company, part of multinational Schiesser Eminence Holding since 1995, has announced the closure of two sites in Chotěboř and Čáslav with 200 jobs losses by 30 November 2008 due to the strong CZK exchange rate and increasing wage costs. This year, the largest clothing producer in the Czech Republic has already closed three sites. At the beginning of 2008 the company employed some 1,500 people in seven plants. According to the CEO, the company’s production will continue at the two remaining plants in Havlíčkův Brod and Polná with 950 workers.
Eurofound (2008), Pleas, Closure in Czechia, factsheet number 67055, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67055.