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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Leather And Related Products 15.20 - Manufacture of footwear
260 jobs Number of planned job losses
Announcement Date
19 January 2015
Employment effect (start)
Foreseen end date
31 May 2015
Description
The subsidiary of Danish shoe producer ECCO Slovakia has announced redundancies in its factory in Martin. Dismissals, which are attributed to the unfavourable situation in Russia, concerns 260 jobs and will take place by the end of May 2015. Presently, the factory in Martin has 1,085 employees. Trade unions succeeded in negotiations with the management and dismissed employees will receive severance pay over the standards set by the Labour Code.
Sources
20 January 2015: Hospodárske noviny
19 January 2015: SME
Citation
Eurofound (2015), ECCO Slovakia, Internal restructuring in Slovakia, factsheet number 78220, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78220.
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