Type
Internal restructuring
Country
Slovakia
Region
Stredne Slovensko; Zilinsky kraj;
Location of affected unit(s)
Žilina
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42 - Civil engineering

323 jobs
Number of planned job losses
Job loss
Announcement Date
23 July 2010
Employment effect (start)
Foreseen end date
31 August 2010

Description

Slovak construction company Vahostav will cut its staff by 323 workers before the end of August 2010. The redundancies are attributed to a decreased demand in construction, which amongst other factors is due to delays in building planned highways.


Sources

  • 23 July 2010: Hospodárske noviny
  • 23 July 2010: SME
  • : ()

Citation

Eurofound (2010), Váhostav, Internal restructuring in Slovakia, factsheet number 70807, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70807.