Touax CZ

Type
Closure
Country
Czechia
Region
Česko; Střední Morava; Olomoucký kraj
Location of affected unit(s)
Supíkovice
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.6 - Manufacture of articles of concrete, cement and plaster
23.66 - Manufacture of other articles of concrete, cement and plaster
287 jobs
Number of planned job losses
Job loss
Announcement Date
22 December 2017
Employment effect (start)
Foreseen end date
31 December 2017

Description

Touax CZ, a subsidiary of the French producer of modular buildings, has announced 287 job losses due to the closure of its manufacturing plant in the village of Supíkovice by the end of 2017. The new owner, Algeco, has decided to terminate the production due to zero profitability.

Touax manufactures residential, sanitary and warehouse modules, which are used for building new schools, administrative buildings, sports or leisure facilities, hostels, or warehouses.

Sources

  • 22 December 2017: MF Dnes

Citation

Eurofound (2017), Touax CZ, Closure in Czechia, factsheet number 92866, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92866.