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.
(49 - 53) Transportation / Storage 49 - Land transport and transport via pipelines 49 - Land transport and transport via pipelines 49 - Land transport and transport via pipelines
1,136 jobs Number of planned job losses
Announcement Date
30 July 2004
Employment effect (start)
1 July 2004
Foreseen end date
31 December 2004
Description
Zeleznice Slovenskej republiky (Railways of the Slovak Republic) dismissed, in the framework of its long-term restructuring programme, 380 employees in the first half of 2004. At the end of June 2004, the company had 18,045 employees. The company management plans a further reduction of 377 employees by the end of 2004. Continuous staff reduction is planned until the end of 2007 when about 17,000 employees are expected to work there.
Sources
6 September 2004: SME
30 July 2004: SME
12 May 2005: SME
Citation
Eurofound (2004), Zeleznice Slovenskej republiky, Internal restructuring in Slovakia, factsheet number 60485, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/60485.
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