Type
Relocation
Country
Czechia
Region
Jihozapad; Jihocesky;
Location of affected unit(s)
Soběslav
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31 - Manufacture of furniture

124 jobs
Number of planned job losses
Job loss
Announcement Date
31 May 2011
Employment effect (start)
31 May 2011
Foreseen end date

Description

Jitona, a Czech furniture manufacturer, is to close its Soběslav plant with the loss of 124 jobs out of 220 by the end of May 2011. The job loss is attributed to the relocation of production to two other plants (Klatovy, Třebíč). The closure of the plant is also due to unfavourable market situation, a strong exchange rate and rising costs of materials.


Sources

  • 31 May 2011: Hospodárske noviny

Citation

Eurofound (2011), Jitona, Relocation in Czechia, factsheet number 72023, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72023.