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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23 - Manufacture of other non-metallic mineral products 23 - Manufacture of other non-metallic mineral products
250 jobs Number of planned job losses
Announcement Date
18 September 2009
Employment effect (start)
Foreseen end date
30 November 2009
Description
Ojgar, a new owner of the glassworks Kavalier Sazava, has announced that it is to cut 250 jobs out of 1,000 by the end of November 2009 due to economic downturn. According to the CEO of the local labour office, collective dismissals will affect roughly 200 employees and 50 fixed-term working contracts will not be renewed. The glassworks located in the city of Sazava was the only plant belonging to the bankrupt company Bohemia Crastalex Trading (BCT), whose production had not been interrupted.
Sources
18 September 2009: Hospodárske noviny
Citation
Eurofound (2009), Kavalier Sázava, Merger/Acquisition in Czechia, factsheet number 69540, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69540.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...