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 23.41 - Manufacture of ceramic household and ornamental articles
50 jobs Number of planned job losses
Announcement Date
19 June 2008
Employment effect (start)
19 June 2008
Foreseen end date
Description
Starorolský porcelán Moritz Zdekauer, a traditional porcelain producer, has announced the cut of 50 jobs from of 330 at its plant in Stará role (near Karlovy Vary) due to unfavourable CZK exchange rate, increase in price energy and cheap import from China. The company’s production has been reduced since the beginning of June. Workers have been working only 6 hours per day and received 60 % of their average wage for the remaining 2 non- worked hours.
Sources
19 June 2008: Právo-Plzeňský kraj
Citation
Eurofound (2008), Starorolský porcelán Moritz Zdekauer, Internal restructuring in Czechia, factsheet number 66796, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66796.
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