Restructuring events
European Restructuring Monitor (ERM)
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.
The Belgian flooring company Unilin has announced the offshoring of their Vyškov based manufacturing to a production facility in Malaysia, causing 170 redundancies in the Czech Republic. The measurement is due to optimisation concerns. The company did not state the exact date of the production end in Vyškov, but the offshoring is expected to take place in 2020. The company has been operating in Vyškov since 2014, but the revenue decreased to CZK 497 million (€19.5 million as at 14 November 2019) in 2018 from CZK 539 million (€21 million as at 14 November 2019) in 2017.
The plant is part of the US-American flooring manufacturer Mohawk Industries. Globally, Unilin employs 5,000 people in 20 plants worldwide.
Eurofound (2019), Unilin, Offshoring/Delocalisation in Czechia, factsheet number 99155, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99155.