EMCC European Monitoring Centre on Change

Botex

Company/Organisation:
Botex

Geographic Location

Country: Slovakia
Region: Banskobystricky kraj; Stredne Slovensko
Location of affected unit(s): Rimavská Sobota

Company

Sector: Manufacturing
Manufacture of textiles, apparel, leather and related products
15.20 - Manufacture of footwear
Number Employed: 140

Employment Effects

Announcement Date: 02-02-2020
Planned Job Reductions min: 140
Planned Job Reductions max: 140
Type of Restructuring: Offshoring/Delocalisation
Employment Effect Start: 01-12-2019
Direct Dismissals: 140

Additional Information

In late 2019, the Slovak-based shoe producer Botex Company closed its plant in Rimavská Sobota, where about 140 employees became redundant. The company was active in Rimavska Sobota for more than 26 years and produced about 50,000 pairs of trainers per month. It operated well and made an annual profit of €210,000 and €250,000 in the last two years. In October 2019 a member of company's management board informed that the Italian owner sold the company to German Tecnica and the Botex needs new orders from customers otherwise it will be closed. According to the Botex CEO, the production will be offshored to Serbia due to cost optimisation concerns. 

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