Type
Internal restructuring
Country
Slovakia
Region
Vychodne Slovensko; Kosicky kraj;
Location of affected unit(s)
Košice
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.52 - Casting of steel

280 - 300 jobs
Number of planned job losses
Job loss
Announcement Date
24 March 2012
Employment effect (start)
1 July 2012
Foreseen end date

Description

U.S. Steel Kosice, the biggest steel company in Slovakia, is to dismiss about 300 blue collar workers. Dismissals will take place from July 2012 onwards. The restructuring is attributed to expected decline in steel production. 


Sources

  • 24 March 2012: SME

Citation

Eurofound (2012), U.S. Steel Košice, Internal restructuring in Slovakia, factsheet number 73425, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73425.