Preciosa

Type
Internal restructuring
Country
Czechia
Region
Česko;
Location of affected unit(s)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23 - Manufacture of other non-metallic mineral products
23 - Manufacture of other non-metallic mineral products
200 jobs
Number of planned job losses
Job loss
Announcement Date
1 February 2008
Employment effect (start)
1 February 2008
Foreseen end date

Description

Preciosa, Czech glassworks and crystal jewellery producer, has announced a restructuring programme that involve the loss of 200 jobs at its sites in Northern Bohemia and Moravia. The firm currently employs 4,200 people. The restructuring is being carried out due to the changes in international markets and hardening competition.

Sources

  • 1 February 2008: Hospodárske noviny

Citation

Eurofound (2008), Preciosa, Internal restructuring in Czechia, factsheet number 66248, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66248.