EMCC European Monitoring Centre on Change

CE Wood

Company/Organisation:
CE Wood

Geographic Location

Country: Czechia

Company

Sector: Agriculture
Agriculture, forestry and fishing
02 - Forestry and logging
Number Employed: 2000

Employment Effects

Announcement Date: 26-01-2009
Planned Job Reductions min: 2000
Planned Job Reductions max: 2000
Type of Restructuring: Closure

Additional Information

CE Wood, the largest Czech woodworking company, has announced that it is to close with the loss of 2,000 jobs across the Czech Republic due to the global economic crisis. As of January 2009, there is no information on when the job losses are to be implemented by.