Type
Closure
Country
Czechia
Region
Jihozapad; Plzensky;
Location of affected unit(s)
Klatovy
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10 - Manufacture of food products

130 jobs
Number of planned job losses
Job loss
Announcement Date
16 February 2010
Employment effect (start)
Foreseen end date
28 February 2010

Description

Klatovy meat processing plant has been closed and all 130 workers are to be dismissed by the end of February 2010. The main reason of the closure is that the owner of the production facility received an offer to sell the premises at a high price. Employees will be given severance pay amounting up to five average monthly wages. The company has a long history dating back to 1899 when the factory was established.


Sources

  • 16 February 2010: Hospodárske noviny

Citation

Eurofound (2010), Masokombinát Klatovy, Closure in Czechia, factsheet number 70172, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70172.