Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.1 - Manufacture of basic iron and steel and of ferro-alloys
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Employment Effect Start:
Foreseen End Date:
Z-group, a Czech producer of iron and steel, is to cut a further 53 jobs by the end of July 2009 due to a sharp decline in customer orders. Since the beginning of 2009, the company has already made 364 employees redundant. Z-group operates at 4 plants and before restructuring employed over 1,100 people.