Benar

Type
Bankruptcy
Country
Czechia
Region
Česko; Severozápad;
Location of affected unit(s)
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
13 - Manufacture of textiles
13 - Manufacture of textiles
260 jobs
Number of planned job losses
Job loss
Announcement Date
3 March 2006
Employment effect (start)
31 March 2006
Foreseen end date

Description

Joint-stock textile company Benar in Benešov nad Ploučnicí (Děčín region), founded in 1994, has gone bankrupt and about 260 people will lose their jobs. The main reason is the increase in cheap textile imports from China.

Sources

  • 3 March 2006: Hospodárske noviny

Citation

Eurofound (2006), Benar, Bankruptcy in Czechia, factsheet number 63101, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63101.