Type
Internal restructuring
Country
Slovakia
Region
Stredne Slovensko; Banskobystricky kraj;
Location of affected unit(s)
Detva
Sector
Manufacturing
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28 - Manufacture of machinery and equipment n.e.c.

300 jobs
Number of planned job losses
Job loss
Announcement Date
15 January 2009
Employment effect (start)
Foreseen end date
31 March 2009

Description

Mould filler manufacturer PPS Group has announced 300 dismissals at its production plant in Detva by the end of March due to a decline in orders of about 25%. Company management plans significant restructuring.


Sources

  • 15 January 2009: Hospodárske noviny

Citation

Eurofound (2009), PPS Group, Internal restructuring in Slovakia, factsheet number 67998, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67998.