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.
(10 - 33) Manufacturing (13 - 15) Manufacture of textiles, apparel and leather 13.1 - Preparation and spinning of textile fibres 13.2 - Weaving of textiles
162 jobs Number of planned job losses
Announcement Date
7 May 2004
Employment effect (start)
1 March 2004
Foreseen end date
30 April 2004
Description
Maytex is one of the major textile fabric producers in Slovakia. In order to save the company, which has filed for bankruptcy, the company crisis management dismissed 162 employees in March and April 2004. This crisis management believes the chance to save the company is real and Maytex could be a prosperous company in the future.
Sources
7 May 2004: Hospodárske noviny
Citation
Eurofound (2004), Maytex, Bankruptcy in Slovakia, factsheet number 60383, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/60383.
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