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 (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
110 jobs Number of planned job losses
Announcement Date
4 February 2010
Employment effect (start)
1 February 2010
Foreseen end date
Description
Karavela Properties, owner of Porkert factory producing kitchen cast-iron grinders, went bankrupt and all 110 workers lost their jobs. Since 1881, the factory has been manufacturing houseware products and its products have been exported to 90 countries. In 1990s' the plant employed some 430 people.
Sources
4 February 2010: Hospodárske noviny
Citation
Eurofound (2010), Karavela Properties, Bankruptcy in Czechia, factsheet number 70140, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70140.
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