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 Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
65 jobs Number of planned job losses
Announcement Date
31 January 2011
Employment effect (start)
1 April 2011
Foreseen end date
Description
Slovak ZVS Holding Company in Dubnica nad Vahom, which produces assorted military ammunition, plans dismiss 65 workers. Dismissals are attributed to a decrease in orders from customers and are expected to begin in April 2011. According to Director General of ZVS Holding, Mr. Miroslav Solava, company management will try to minimize dismissals.
Sources
31 January 2011: Pravda
Citation
Eurofound (2011), ZVS Holding, Internal restructuring in Slovakia, factsheet number 71666, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71666.
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