Evraz Vítkovice Steel
Location of affected unit(s):
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.52 - Casting of steel
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Employment Effect Start:
Foreseen End Date:
Evraz Vítkovice Steel (EVS), the third largest Czech steel company, is to dismiss 200 employees, roughly 14 percent of its total labour force. The redundancies are to be implemented in the first quarter of 2012 due to the loss of orders.
Trade unions are reported to try to ensure the highest possible compensation for the redundant workers. The trade unions' aim is a compensation level of up to 15 wages depending on the number of work years.
The firm, which has been part of Russia´s Evraz Group since 2005, employs 1,400 people.