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 Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.69 - Manufacture of other articles of concrete, plaster and cement
287 jobs Number of planned job losses
Announcement Date
22 December 2017
Employment effect (start)
Foreseen end date
31 December 2017
Description
Touax CZ, a subsidiary of the French producer of modular buildings, has announced 287 job losses due to the closure of its manufacturing plant in the village of Supíkovice by the end of 2017. The new owner, Algeco, has decided to terminate the production due to zero profitability.
Touax manufactures residential, sanitary and warehouse modules, which are used for building new schools, administrative buildings, sports or leisure facilities, hostels, or warehouses.
Sources
22 December 2017: MF Dnes
Citation
Eurofound (2017), Touax CZ, Closure in Czechia, factsheet number 92866, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92866.
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