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 Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
129 jobs Number of planned job losses
Announcement Date
11 December 2008
Employment effect (start)
Foreseen end date
31 December 2008
Description
Silon Planá nad Lužnicí, the largest producer of polyester fibres and compounds in Central Europe, has announced the loss of 129 jobs from a total of 600 by the end of 2008 due to the decline of customer orders.
The company has customers in more than 30 countries and it operates in Germany, France, Canada. It has also majority participation in a joint-venture in China.
Sources
11 December 2008: Právo-Jižní Čechy (www.pravo.cz)
Citation
Eurofound (2008), Silon Planá nad Lužnicí, Internal restructuring in Czechia, factsheet number 67650, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67650.
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