Restructuring events
European Restructuring Monitor (ERM)
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.
DEZA, a Czech chemical company, has announced to lay off 123 employees due to an unfavourable economic situation, reducing its workforce to 750 by the end of 2025.
The layoffs will affect both production and administrative positions. Dismissed employees will receive higher severance pay than required by the Labour Code. At the same time, the firm is in contact with the Labour Office to help laid-off workers find a job on the labour market.
The company's economy was negatively affected by the war in Ukraine and anti-Russian sanctions, which significantly reduced the availability of raw materials in Europe. Revenue from the sale of products and services fell to nine billion CZK 9 billion last year from CZK 9.68 billion in 2023.
DEZA is one of the leading processors of coal tar, crude benzol and byproducts of coke processing. Its headquarters and the main processing plant are located in the city of Valašské Meziříčí.
Eurofound (2025), DEZA, Internal restructuring in Czechia, factsheet number 203004, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203004.