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 29.1 - Manufacture of motor vehicles
New offshoring locations
227 jobs Number of planned job losses
Announcement Date
17 June 2013
Employment effect (start)
31 July 2013
Foreseen end date
Description
Avia Ashok Leyland Motors, a Czech subsidiary of the Indian Ashok Leyland vehicle producer, has announced the closure of its Prague plant. Some 227 jobs are going to be lost as the plant will discontinue its operations by the end of July 2013. Reportedly the closure is due to the global economic slowdown. The company's management has decided to move the production of Avia trucks with a 66-years tradition from the Czech Republic to India.
Sources
17 June 2013: Avia (press release)
17 June 2013: MF Dnes
Citation
Eurofound (2013), Avia Ashok Leyland Motors, Offshoring/Delocalisation in Czechia, factsheet number 75522, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75522.
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