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.
CE Wood, the largest Czech woodworking company, has announced that it is to close with the loss of 2,000 jobs across the Czech Republic due to the global economic crisis. As of January 2009, there is no information on when the job losses are to be implemented by.
Sources
26 January 2009: Hospodárske noviny
Citation
Eurofound (2009), CE Wood, Closure in Czechia, factsheet number 67951, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67951.