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 25.9 - Manufacture of other fabricated metal products
30 jobs Number of planned job losses
Announcement Date
9 October 2012
Employment effect (start)
Foreseen end date
31 December 2012
Description
Slovak producer of ladders, Elkop Company, will dismiss 30 out of 280 workers in Dolny Kubin by the end of 2012. Dismissals are attributed to presumed decline in orders for 2013.
According to statements by the management, the timeframe of the dismissals was affected by new labour legislation that will take effect on 1st January 2013, by which dismissal costs will be increased.
Sources
9 October 2012: Hospodárske noviny
Citation
Eurofound (2012), Elkop, Internal restructuring in Slovakia, factsheet number 74296, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74296.
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