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 Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23 - Manufacture of other non-metallic mineral products
200 jobs Number of planned job losses
Announcement Date
24 October 2006
Employment effect (start)
Foreseen end date
31 January 2007
Description
Czech leading crystal glassware producer, Jihlavské sklárny Bohemia, has ceased handmade production and thus will dismiss about 200 people by the end of January 2007. The company has been undergoing restructuring process since July 2002 when the bankruptcy was declared. The company used to employ 1,200 people but there have been continuous cutbacks under the new owner Burson Properties (as of February 2003). Now, the company employs some 700 people.
Sources
24 October 2006: Hospodárske noviny
Citation
Eurofound (2006), JJihlavské sklárny Bohemia (Jihlava Glassworks Bohemia), Internal restructuring in Czechia, factsheet number 64290, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64290.
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