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 (10 - 11) Manufacture of food and beverage 10.5 - Manufacture of dairy products and edible ice 10.5 - Manufacture of dairy products and edible ice
100 jobs Number of planned job losses
Announcement Date
18 October 2010
Employment effect (start)
Foreseen end date
30 June 2011
Description
Madeta, the largest Czech diary supplier, has announced 100 cuts to its 1,700 person workforce by mid-2011 due to the global financial crisis. About 168 workers have already been dismissed this year. The company's restructuring plan also includes the closure of two out of their six diary plants. As of October 2010, there is no information on which factories will be affected.
Sources
18 October 2010: Lidové Noviny
Citation
Eurofound (2010), Madeta, Internal restructuring in Czechia, factsheet number 71114, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71114.