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 (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
110 jobs Number of planned job losses
Announcement Date
7 April 2009
Employment effect (start)
2 March 2009
Foreseen end date
Description
KVS Ekodivize, a Czech machinery firm specializing in the production of heating and cooking appliances, additions for colour metallurgy and machine cutting, announced in March 2009 to cut 110 jobs due to a sharp decline of customer orders.
Sources
7 April 2009: Právo - Severní Morava (www.pravo.cz)
Citation
Eurofound (2009), KVS Ekodivize, Internal restructuring in Czechia, factsheet number 68691, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68691.