Type
Internal restructuring
Country
Czechia
Region
Moravskoslezsko; Moravskoslezsky;
Location of affected unit(s)
Ostrava
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.52 - Casting of steel

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

Description

EVRAZ VÍTKOVICE STEEL, the largest Czech manufacturer of rolling steel products based in Ostrava, has announced 157 job cuts to be implemented by the end of 2008 due to the decline of customer orders. The company is part of the Russian Evraz Group and currently employs 1,600 people.


Sources

  • 20 November 2008: Právo - Severní Morava

Citation

Eurofound (2008), EVRAZ VÍTKOVICE STEEL, Internal restructuring in Czechia, factsheet number 67493, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67493.