Type
Closure
Country
Czechia
Region
Stredni Morava; Olomoucky;
Location of affected unit(s)
Hanušovice, Trutnov, Uherské Hradiště
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13.1 - Preparation and spinning of textile fibres

380 jobs
Number of planned job losses
Job loss
Announcement Date
6 November 2008
Employment effect (start)
Foreseen end date
31 December 2008

Description

Slezan Frýdek-Místek, a Czech textile company, has announced the closure of three spinning mills (Hanušovice, Trutnov, Uherské Hradiště) with the loss 380 jobs by the end of 2008. The decision is attributed to the fall in orders due to the global financial crisis.


Sources

  • 6 November 2008: Hospodárske noviny

Citation

Eurofound (2008), Slezan Frýdek-Místek, Closure in Czechia, factsheet number 67334, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67334.