Concordia Lesov

Type
Bankruptcy
Country
Czechia
Region
Česko; Severozápad; Karlovarský kraj
Location of affected unit(s)
Lesov
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.4 - Manufacture of other porcelain and ceramic products
23.41 - Manufacture of ceramic household and ornamental articles
160 jobs
Number of planned job losses
Job loss
Announcement Date
20 January 2009
Employment effect (start)
20 January 2009
Foreseen end date
30 April 2009

Description

On 20 January 2009, newspapers reported that Concordia Lesov, a Czech porcelain ware producer, was facing bankruptcy and about 200 people's jobs were threatened. Good news was released on 27 June 2009 when a new buyer (Thun 1794) saved roughly 40 jobs. Production is scheduled to restart in July 2009.

Sources

  • 20 January 2009: Hospodárske noviny
  • 27 June 2009: Právo - Střední Čechy

Citation

Eurofound (2009), Concordia Lesov, Bankruptcy in Czechia, factsheet number 67847, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67847.