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 (16 - 17) Manufacture of wood and paper materials 17.2 - Manufacture of articles of paper and paperboard 17.25 - Manufacture of other articles of paper and paperboard
110 jobs Number of planned job losses
Announcement Date
3 December 2011
Employment effect (start)
1 March 2012
Foreseen end date
Description
Kazeto, a Czech cardboard products producer, is to dismiss about 110 out of a total of 200 employees in March 2012. The reason stated is the loss of the main customer IKEA.
Sources
3 December 2011: MF Dnes
22 February 2012: Deník
Citation
Eurofound (2011), Kazeto, Internal restructuring in Czechia, factsheet number 72807, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72807.