ZSNP

Type
Internal restructuring
Country
Slovakia
Region
Slovensko; Stredné Slovensko; Banskobystrický kraj
Location of affected unit(s)
Žiar nad Hronom
Sector
Manufacturing
(24 - 25) Manufacture of metals
24.4 - Manufacture of basic precious and other non-ferrous metals
24.42 - Aluminium production
125 jobs
Number of planned job losses
Job loss
Announcement Date
23 March 2009
Employment effect (start)
1 April 2009
Foreseen end date
31 December 2009

Description

Due to significant drops in orders, Slovak ZSNP Company producing aluminium in Žiar nad Hronom will dismiss 125 out of 310 employees. Mass dismissal is taking place from April till the end of December 2009. Dismissed workers will receive redundancy pay amounting to an average of 2,568 Euro.

Citation

Eurofound (2009), ZSNP, Internal restructuring in Slovakia, factsheet number 68892, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68892.