VVT - Vítkovice válcovna trub

Type
Internal restructuring
Country
Czechia
Region
Česko; Moravskoslezsko;
Location of affected unit(s)
Sector
Manufacturing
(24 - 25) Manufacture of metals
24.5 - Casting of metals
24.52 - Casting of steel
100 jobs
Number of planned job losses
Job loss
Announcement Date
16 March 2006
Employment effect (start)
Foreseen end date
31 December 2006

Description

Joint-stock company Třinecké železárny — Moravia Steel, one of the largest ironworks in the Czech republic with a long tradition of steelmaking, has announced a large restructuring programme that is to start during 2006. The plan includes an employment reduction of about 100 jobs in its subsidiary VVT-Vítkovice válcovna trub (Tube Mill Vítkovice) in Ostrava.

Sources

  • 16 March 2006: Hospodárske noviny

Citation

Eurofound (2006), VVT - Vítkovice válcovna trub, Internal restructuring in Czechia, factsheet number 63162, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63162.