EMCC European Monitoring Centre on Change

Petrokemija

Company/Organisation:
Petrokemija

Geographic Location

Country: Croatia
Region: Sisačko-moslavačka županija; Kontinentalna Hrvatska; Hrvatska
Location of affected unit(s): Kutina

Company

Sector: Manufacturing
Manufacture of chemicals and chemical products
20.15 - Manufacture of fertilisers and nitrogen compounds
Number Employed: 1595
Group: Petrokemija Group

Employment Effects

Announcement Date: 02-05-2019
Planned Job Reductions min: 350
Planned Job Reductions max: 350
Type of Restructuring: Internal restructuring
Employment Effect Start: 03-06-2019
Foreseen End Date: 31-12-2019
Direct Dismissals: 350

Additional Information

The Supervisory Board of the Kutina-based artificial fertiliser producer Petrokemija at the meeting held on 30 April 2019 gave its approval on the implementation of the Severance Plan for 2019. According to the Plan, the company will communicate  with social partners, so as to dismiss about 350 employees by the end of 2019.

The optimisation of the business processes in the company and the group, which focuses on the management of human resources, is one of the requirements for ensuring a sustainable business model.

Sources: