Type
Internal restructuring
Country
Czechia
Region
Jihovychod; Vysocina;
Location of affected unit(s)
Světlá nad Sázavou
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Other Non-Metallic Mineral Products
23.1 - Manufacture of glass and glass products

180 jobs
Number of planned job losses
Job loss
Announcement Date
18 April 2019
Employment effect (start)
1 August 2019
Foreseen end date

Description

The Czech glass producer Crystalite Bohemia is to dismiss over 100 workers within three to four months due to a lack of demand from Iran. The factory, which currently employs over 700 people and is an important employer in Světlá nad Sázavou, is focused on the line production of beverage and decorative glass. The loss was basically triggered by sanctions against Iran, which was the largest market for this kind of goods.

The sanctions started in the middle of 2018. According to the Ministry of Labour, unemployment rate in the city of Světlá nad Sázavou was 2.6 percent in March 2019.

UPDATE 11/07/2019: The company announced that the total number of redundancies will be 180.


Sources

Citation

Eurofound (2019), Crystalite Bohemia, Internal restructuring in Czechia, factsheet number 97607, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97607.