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 (24 - 25) Manufacture of metals 24.5 - Casting of metals 24.52 - Casting of steel
170 jobs Number of planned job losses
Announcement Date
20 July 2009
Employment effect (start)
20 July 2009
Foreseen end date
31 July 2009
Description
Evraz Vítkovice Steel, the largest Czech metallurgical company, has announced 170 job cuts out of 1,430 by the end of July 2009 due to difficulties arising from the global crisis.
Sources
20 July 2009: Hospodárske noviny
Citation
Eurofound (2009), Evraz Vítkovice Steel, Internal restructuring in Czechia, factsheet number 69302, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69302.