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.
Agriculture Agriculture, Forestry And Fishing Forestry And Logging 02 - Forestry And Logging
400 - 500 jobs Number of planned job losses
Announcement Date
22 November 2010
Employment effect (start)
Foreseen end date
Description
Wotan Forest, a Czech forest company, has announced between 400 and 500 job cuts (i.e. almost one-half of the staff) after being unsuccessful in a public tender (organized by the state forest company Lesy ČR). According to Pavel Draštík, general manager of Wotan Forest, public tenders discriminate against large companies. In general, public tenders are criticized by forest firms for the lack of transparency. As of November 2010, there is no information on when dismissals are to be carried out.
Sources
22 November 2010: MF Dnes
Citation
Eurofound (2010), Wotan Forest, Internal restructuring in Czechia, factsheet number 71248, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71248.
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