Seba T

Type
Internal restructuring
Country
Czechia
Region
Česko; Severovýchod; Liberecký kraj
Location of affected unit(s)
Tanvald
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
13.1 - Preparation and spinning of textile fibres
13.2 - Weaving of textiles
290 jobs
Number of planned job losses
Job loss
Announcement Date
30 January 2007
Employment effect (start)
Foreseen end date

Description

Tanvald city-based company Seba T, one of the leading European manufacturers of textile fabrics, is to dismiss 290 workers due to the pressure of cheap Asian competition and an increase in energy price. The company, currently employing 540 people, intends to cease the production at two cotton spinning and weaving mills and will focus only on final processing of cloth.

Sources

  • 30 January 2007: Hospodárske noviny

Citation

Eurofound (2007), Seba T, Internal restructuring in Czechia, factsheet number 64840, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64840.