ECCO Slovakia

Type
Internal restructuring
Country
Slovakia
Region
Slovensko; Stredné Slovensko; Žilinský kraj
Location of affected unit(s)
Martin
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
15.2 - Manufacture of footwear
15.20 - Manufacture of footwear
260 jobs
Number of planned job losses
Job loss
Announcement Date
19 January 2015
Employment effect (start)
Foreseen end date
31 May 2015

Description

The subsidiary of Danish shoe producer ECCO Slovakia has announced redundancies in its factory in Martin. Dismissals, which are attributed to the unfavourable situation in Russia, concerns 260 jobs and will take place by the end of May 2015. Presently, the factory in Martin has 1,085 employees. Trade unions succeeded in negotiations with the management and dismissed employees will receive severance pay over the standards set by the Labour Code.

Sources

  • 20 January 2015: Hospodárske noviny
  • 19 January 2015: SME

Citation

Eurofound (2015), ECCO Slovakia, Internal restructuring in Slovakia, factsheet number 78220, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78220.