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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
250 jobs Number of planned job losses
Announcement Date
11 February 2010
Employment effect (start)
Foreseen end date
31 March 2010
Description
Henniges Automotive, a subsidiary of US car sealing systems producer, has declared bankruptcy resulting in the loss of 250 jobs out of a total of 350 at the Ostrava site. The job losses will be implemented by the end of March 2010. The firm has been undergoing insolvency since November 2008. The production at the plant was reduced after the cooperation with the main customer Volkswagen Group came to an end.
Sources
11 February 2010: Hospodárske noviny
Citation
Eurofound (2010), Henniges Automotive, Bankruptcy in Czechia, factsheet number 70162, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70162.
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