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 Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32.3 - Manufacture of sports goods
New offshoring locations
130 jobs Number of planned job losses
Announcement Date
26 April 2005
Employment effect (start)
Foreseen end date
30 June 2005
Description
Austrian Head Sport company has announced its plan to relocate up to 90% of its production capacity from České Budějovice to China because of increasing manufacturing technology prices and a continuous unfavourable exchange-rate. This measure implies the closing of the tennis-racket production and will cause the loss of about 130 jobs by the end of June 2005.
Eurofound (2005), Head Sport, Offshoring/Delocalisation in Czechia, factsheet number 61501, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61501.
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