Brano Group

Type
Internal restructuring
Country
Czechia
Region
Česko; Moravskoslezsko; Moravskoslezský kraj
Location of affected unit(s)
Hradec nad Moravicí
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
400 jobs
Number of planned job losses
Job loss
Announcement Date
13 October 2008
Employment effect (start)
Foreseen end date
30 June 2009

Description

Brano Group, a Czech car equipment manufacturer based in Hradec nad Moravicí, has announced that it to cut about 400 jobs from a total 2,500 by the end of June 2009 due to the financial crisis and decline of customer orders. This is an update of the information issued in October 2008.

For further information, see the EIRO report.

Sources

  • 13 October 2008: Hospodárske noviny
  • 12 December 2008: Hospodárske noviny

Citation

Eurofound (2008), Brano Group, Internal restructuring in Czechia, factsheet number 67220, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67220.