Type
Internal restructuring
Country
Czechia
Region
Jihozapad; Jihocesky;
Location of affected unit(s)
Planá nad Lužnicí
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Rubber And Plastic Products
22 - Manufacture of rubber and plastic products

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

Description

Silon Planá nad Lužnicí, the largest producer of polyester fibres and compounds in Central Europe, has announced the loss of 129 jobs from a total of 600 by the end of 2008 due to the decline of customer orders.

The company has customers in more than 30 countries and it operates in Germany, France, Canada. It has also majority participation in a joint-venture in China.


Sources

Citation

Eurofound (2008), Silon Planá nad Lužnicí, Internal restructuring in Czechia, factsheet number 67650, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67650.