Type
Internal restructuring
Country
Czechia
Region
Moravskoslezsko; Moravskoslezsky;
Location of affected unit(s)
Ostrava
Sector
Mining / Quarrying
Mining And Quarrying
Mining Of Coal And Lignite
05 - Mining of coal and lignite

500 jobs
Number of planned job losses
Job loss
Announcement Date
19 May 2009
Employment effect (start)
Foreseen end date
31 December 2009

Description

Czech mining company OKD will close its coke plant in Ostrava and cut 500 jobs out of 1,182 by the end of 2009 due to a sharp financial loss of the mother company New World Resources (NWR). Dismissed workers will be given compensation amounting up 6 average monthly wages.


Sources

  • 19 May 2009: Hospodárske noviny

Citation

Eurofound (2009), OKD, Internal restructuring in Czechia, factsheet number 68930, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68930.