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.
Manufacturing (24 - 25) Manufacture of metals 25 - Manufacture of fabricated metal products, except machinery and equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
105 jobs Number of planned job losses
Announcement Date
11 May 2009
Employment effect (start)
Foreseen end date
31 August 2009
Description
Železiarne Podbrezova management has decided to close its components plant ŽP Prako in Prakovce with a loss of over 100 jobs. The site produces components for mechanical engineering and automotive industries. Due to economic downturn, more than 100 employees will be dismissed by the end of August 2009.
Sources
11 May 2009: Hospodárske noviny
Citation
Eurofound (2009), ŽP Prako, Closure in Slovakia, factsheet number 68934, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68934.