EMCC European Monitoring Centre on Change

Elitex slévárna

Company/Organisation:
Elitex slévárna

Geographic Location

Country: Czechia
Region: Kralovehradecky; Severovychod
Location of affected unit(s): Týniště nad Orlicí

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.52 - Casting of steel
Number Employed: 113

Employment Effects

Announcement Date: 02-10-2012
Planned Job Reductions min: 113
Planned Job Reductions max: 113
Type of Restructuring: Bankruptcy
Foreseen End Date: 31-12-2012
Direct Dismissals: 113

Additional Information

Elitex slévárna, a Czech foundry located in Týniště nad Orlicí, is to close and all 113 workers will be dismissed by the end of 2012. The company filed for bankruptcy in 2009.

The site lies on the border of Rychnov and Hradec district, where the unemployment rate in August 2012 was 5.9% and 7% respectively. However, it is reported that the workers might face difficulties getting a new job in the foundry industry.