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.
Mining / Quarrying Mining And Quarrying Mining Of Coal And Lignite 05 - Mining of coal and lignite
388 jobs Number of planned job losses
Announcement Date
24 October 2007
Employment effect (start)
31 December 2007
Foreseen end date
31 March 2009
Description
Mostecká uhelná – Kohinoor, a Czech coal mining company, has announced the closure of its site in Litvínov with the loss of approximately 388 jobs. The site is named ‘Centrum’, and is the firm’s last deep brown coalmine. The first phase of the restructuring process will be carried out by the end of 2007, when 70-80 of the site’s employees will receive retirement packages. The whole of the restructuring process is due to be completed by the end of March 2009. The process will be carried out with the cooperation and assistance of trade unions and the Czech labour office in order to ensure a suitable level of support is given to those workers affected by the restructuring.
Sources
24 October 2007: Právo - Ústecký kraj (www.pravo.cz)
Citation
Eurofound (2007), Mostecká uhelná - Kohinoor, Closure in Czechia, factsheet number 65963, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65963.
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