Type
Bankruptcy
Country
Czechia
Region
Stredni Morava; Zlinsky;
Location of affected unit(s)
Rožnov pod Radhoštěm
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13.3 - Finishing of textiles

240 jobs
Number of planned job losses
Job loss
Announcement Date
10 December 2008
Employment effect (start)
Foreseen end date

Description

Loana, a traditional Czech textile company based in Rožnov pod Radhoštěm, has declared insolvency and all 240 employees are expected to be dismissed. The company is owned by the Austrian company Ergee Holding since 2004. As of December 2008, there is no information as to when the job losses will occur.


Sources

  • 10 December 2008: Hospodárske noviny

Citation

Eurofound (2008), Loana, Bankruptcy in Czechia, factsheet number 67626, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67626.