Type
Internal restructuring
Country
Czechia
Region
Jihozapad; Jihocesky;
Location of affected unit(s)
Strakonice
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10.5 - Manufacture of dairy products

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

Description

Madeta, the largest Czech diary products manufacturer, has announced about 100 job cuts out of 2,100 staff due to the milk price drop and the global financial crisis. The company's restructuring envisages the closure of two diary plants (one in the city of Strakoniceand the second is not published yet). As of December 2008, there is no information on when job cuts are to be implemented by.


Sources

  • 31 December 2008: Hospodárske noviny

Citation

Eurofound (2008), Madeta, Internal restructuring in Czechia, factsheet number 67743, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67743.