EMCC European Monitoring Centre on Change



Geographic Location

Country: Czechia
Region: Jihomoravsky; Jihovychod
Location of affected unit(s): Adamov


Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
Number Employed: 130

Employment Effects

Announcement Date: 10-04-2009
Planned Job Reductions min: 130
Planned Job Reductions max: 130
Type of Restructuring: Bankruptcy
Foreseen End Date: 30-06-2009

Additional Information

ADAST, a Czech machinery company producing parts for printing machines, is to be closed and cut all 130 jobs at its site in Adamov by the end of June 2009. The firm has been facing bankruptcy since the beginning of April 2009.