Kosicky kraj; Vychodne Slovensko
Location of affected unit(s):
Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Foreseen End Date:
Vihorlat Company in Snina belonged to Slovak mechanical engineering companies, a group with a long-term tradition. It was one of the most important employers in the region, too. The Company had economic problems for a couple of years and, in order to revitalise the company, some organisational changes took place there. However, it seems that these attempts were not very successful. According to the chair of local trade union organisation Mr Frantiek Cenkner, 165 employees were dismissed due to organisational changes in the company till the end of April 2006. Mr Cenkner added that mass redundancy will continue in the Company where next 208 employees would be redundant in June 2006. Announced dismissals will practically cause the closure of the company.