Type
Internal restructuring
Country
Slovakia
Region
Zapadne Slovensko; Trenciansky kraj;
Location of affected unit(s)
Dubnica nad VĂ¡hom
Sector
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
Job loss
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.