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
280 - 300 jobs Number of planned job losses
Announcement Date
24 March 2012
Employment effect (start)
1 July 2012
Foreseen end date
Description
U.S. Steel Kosice, the biggest steel company in Slovakia, is to dismiss about 300 blue collar workers. Dismissals will take place from July 2012 onwards. The restructuring is attributed to expected decline in steel production.
Sources
24 March 2012: SME
Citation
Eurofound (2012), U.S. Steel Košice, Internal restructuring in Slovakia, factsheet number 73425, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73425.