EMCC European Monitoring Centre on Change

Zeleznice Slovenskej republiky

Company/Organisation:
Zeleznice Slovenskej republiky

Geographic Location

Country: Slovakia

Company

Sector: Transportation / storage
Transportation and storage
49 - Land transport and transport via pipelines
Number Employed: 20970

Employment Effects

Announcement Date: 30-07-2004
Planned Job Reductions min: 1136
Planned Job Reductions max: 1136
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-07-2004
Foreseen End Date: 31-12-2004
Direct Dismissals: 1100
Other Job Reduction Measures: 1600

Additional Information

Zeleznice Slovenskej republiky (Railways of the Slovak Republic) dismissed, in the framework of its long-term restructuring programme, 380 employees in the first half of 2004. At the end of June 2004, the company had 18,045 employees. The company management plans a further reduction of 377 employees by the end of 2004. Continuous staff reduction is planned until the end of 2007 when about 17,000 employees are expected to work there.