Type
Bankruptcy
Country
Czechia
Region
Severozapad; Ustecky;
Location of affected unit(s)
Teplice
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25 - Manufacture of fabricated metal products, except machinery and equipment

150 jobs
Number of planned job losses
Job loss
Announcement Date
29 October 2009
Employment effect (start)
Foreseen end date

Description

Teplická strojírna, a Czech engineering plant located in Teplice, is facing insolvency and about 150 workers are threatened to lose theirs jobs. The reason is attributed to the global economic crisis. There is no information on when job losses will be implemented by.


Sources

  • 29 October 2009: Hospodárske noviny

Citation

Eurofound (2009), Teplická strojírna, Bankruptcy in Czechia, factsheet number 69749, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69749.