EMCC European Monitoring Centre on Change

Železiarne Podbrezová

Company/Organisation:
Železiarne Podbrezová

Geographic Location

Country: Slovakia
Region: Banskobystricky kraj; Stredne Slovensko
Location of affected unit(s): Podbrezová

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.2 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
Number Employed: 3600

Employment Effects

Announcement Date: 26-01-2009
Planned Job Reductions min: 361
Planned Job Reductions max: 361
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-03-2009
Direct Dismissals: 361

Additional Information

Slovak multinational producer of steel tubes Železiarne Podbrezova announced mass dismissals starting 1 March 2009. Restructuring, which is aimed at increasing competitiveness in the global market will result in 361 employees being made redundant.