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 wood and paper materials Manufacture of paper and paper products 17 - Manufacture of paper and paper products
200 jobs Number of planned job losses
Announcement Date
11 June 2025
Employment effect (start)
Foreseen end date
30 September 2025
Description
JIP-Papírny Větřní, a traditional major Czech paper mill producing barrier and wrapping papers for multinational e-shops, food industry and fast-food chains, has announced the cessation of production and the layoff of 200 people by the end of September 2025. The company has been insolvent since 2013 and according to the insolvency administrator, operations are no longer sustainable.
The main reason is primarily the economic recession in the European Union countries, where the company exports the main part of its production, and the corresponding decrease in demand. On the other hand, energy prices are high in the Czech Republic. The costs of gas and electricity represent over 50 per cent of the total price of the product.
Eurofound (2025), JIP-Papírny Větřní, Closure in Czechia, factsheet number 202922, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202922.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
