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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23 - Manufacture of other non-metallic mineral products 23 - Manufacture of other non-metallic mineral products
500 jobs Number of planned job losses
Announcement Date
30 September 2008
Employment effect (start)
30 September 2008
Foreseen end date
Description
Sklárny Bohemia Poděbrady, a Czech glass producer, has closed its plant in Poděbrady due to the CZK 3 billion financial loss of the mother group Bohemia Crystalex Trading. All 500 workers are to lose their jobs and face an uncertain future. Czech glass industry is now in crisis due to the increase in energy prices, diminishing customer demands, and the strong CZK exchange rate.