Fact Sheet Details
Company: Karlovarský porcelán
Geographic location
- Country:
Czech Republic
- Region:
Czech Republic ; Severozapad
- Location of affected unit(s):
Karlovy Vary
Company
- Group :
Porcela Plus
- Sector :
Manufacturing : Manufacture of other ceramic products (Nace DI)
- Number employed:
1540
Employment effects
- Announcement Date:
15-10-2008
- Planned job reductions:
1090
- Type of restructuring:
Bankruptcy/Closure
- Employment effect start:
- Foreseen end date:
- Direct dismissals:
- Other job reduction measures:
- Planned job creation:
Additional information
Karlovy Vary-based company Karlovarský porcelán, a Czech porcelain products manufacturer, was facing bankruptcy in October 2008 and about 1,540 employees were to lose their job . All employees were receiving only 70% of their wages. On 9 April 2009, it was reported that Hengis, a new owner of the company since March 2009, is to save up to 450 jobs. The production will be restarted in May 2009.
Sources
Hospodářske Noviny, 15-10-2008
MF Dnes, 09-04-2009
Links
Page last updated: 27 April, 2009