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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
150 jobs Number of planned job losses
Announcement Date
1 April 2023
Employment effect (start)
1 April 2023
Foreseen end date
30 June 2023
Description
Husky-KTW, a manufacturer of plastic injection molding parts for automotive industry, has ceased operations at its Czech site located in the city of Jindřichův Hradec and will lay off all 150 employees by the end of June 2023 due to a lack of orders. According to available information, employees will receive one hundred percent of their salary until the end of June 2023 and will also receive severance pay.
The Austrian company Husky-KTW is the 100% owner of the company. The company belongs to the Husky concern, which is the largest brand-name supplier of injection molding equipment and services to the plastics industry, with headquarters and main manufacturing facilities in Canada, with additional manufacturing facilities in the U.S., Luxemburg, Switzerland and China.
Eurofound (2023), Husky-KTW, Closure in Czechia, factsheet number 108749, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108749.
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