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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20.1 - Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms 20.17 - Manufacture of synthetic rubber in primary forms
140 jobs Number of planned job losses
Announcement Date
13 November 2013
Employment effect (start)
Foreseen end date
30 November 2013
Description
Duslo Sala, producer of fertilizers, rubber and glue, is to dismiss 140 workers. Dismissals will be made in the production of rubber chemicals.
The restructuring is reported to be due to a decline in orders for rubber-based chemicals, high energy prices and increasing competition from Asia. According to the company’s management, more layoffs are probable in the future.
Duslo Sala employs about 1,900 staff in the production of rubber chemicals. The company is a subsidiary of Agrofert group. In 2007, it had reported the dismissal of 230 staff in order to increase competitiveness.
Sources
13 November 2013: Hospodárske noviny
Citation
Eurofound (2013), Duslo Sala, Internal restructuring in Slovakia, factsheet number 76176, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76176.