EMCC European Monitoring Centre on Change

Plastic Parts & Technology (PP&T)

Company/Organisation:
Plastic Parts & Technology (PP&T)

Geographic Location

Country: Czechia
Region: Pardubicky; Severovychod
Location of affected unit(s): Moravská Třebová

Company

Sector: Manufacturing
Manufacture of rubber and plastics products, and other non-metallic mineral products
22.2 - Manufacture of plastic products
Number Employed: 110

Employment Effects

Announcement Date: 01-09-2022
Planned Job Reductions min: 110
Planned Job Reductions max: 110
Type of Restructuring: Closure
Employment Effect Start: 01-09-2022
Direct Dismissals: 110

Additional Information

Czech plastics company Plastic Parts & Technology (PP&T) with 110 employees went bankrupt due to a drop in orders for car manufacturers and also because of expensive energy and rising material costs. The problems have been going on for two years, even if the situation improved at the end of 2021, the company run into problems again mainly due to the dramatic increase in energy prices. 

PP&T specializes in clear plastics used mainly in car lights. The company also produced plastic parts for manufacturers of bathtubs and shower enclosures. Its plastic products are also used in the packaging, medical or electrotechnical industries. The company exported its products to Europe, USA, Turkey, Israel or Japan. 
 

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