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 Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23 - Manufacture of other non-metallic mineral products
1,700 jobs Number of planned job losses
Announcement Date
6 January 2009
Employment effect (start)
1 January 2009
Foreseen end date
Description
Crystalex Nový Bor, a traditional Czech glass products producer, has announced that about 1,700 people are threatened to lose their jobs because of the closure of the glass production at three sites (Nový Bor, Vrbno pod Prad?dem, Karolinka) due to a long-term insolvency since September 2008. The site in Hostomice with 136 job losses has been already closed (see fact sheet 12339).
Eurofound (2009), Crystalex Nový Bor, Bankruptcy in Czechia, factsheet number 67790, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67790.
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