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 29.32 - Manufacture of other parts and accessories for motor vehicles
340 jobs Number of planned job losses
Announcement Date
19 September 2014
Employment effect (start)
1 December 2014
Foreseen end date
31 December 2015
Description
Czech engineering company Motorpal, a Jihlava-based producer of engine injection devices, has announced 340 job cuts to be implemented from December until the end of 2015. They attribute the job losses to economic sanctions against Russia. The redundancies will affect all four of the company's plants (130 in Jihlava, 80 in Jemnice, 78 in Velke Mezirici and 52 in Batelov).
Sources
19 September 2014: denik.cz
Citation
Eurofound (2014), Motorpal, Internal restructuring in Czechia, factsheet number 77643, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77643.
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