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 (13 - 15) Manufacture of textiles, apparel and leather 13.1 - Preparation and spinning of textile fibres 13.1 - Preparation and spinning of textile fibres
380 jobs Number of planned job losses
Announcement Date
6 November 2008
Employment effect (start)
Foreseen end date
31 December 2008
Description
Slezan Frýdek-Místek, a Czech textile company, has announced the closure of three spinning mills (Hanušovice, Trutnov, Uherské Hradiště) with the loss 380 jobs by the end of 2008. The decision is attributed to the fall in orders due to the global financial crisis.
Sources
6 November 2008: Hospodárske noviny
Citation
Eurofound (2008), Slezan Frýdek-Místek, Closure in Czechia, factsheet number 67334, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67334.