EMCC European Monitoring Centre on Change

ŽP Prako

Company/Organisation:
ŽP Prako

Geographic Location

Country: Slovakia
Region: Kosicky kraj; Vychodne Slovensko
Location of affected unit(s): Prakovce

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
Number Employed: 105
Group: Železiarne Podbrezová

Employment Effects

Announcement Date: 11-05-2009
Planned Job Reductions min: 105
Planned Job Reductions max: 105
Type of Restructuring: Closure
Foreseen End Date: 31-08-2009
Direct Dismissals: 105

Additional Information

Železiarne Podbrezova management has decided to close its components plant ŽP Prako in Prakovce with a loss of over 100 jobs. The site produces components for mechanical engineering and automotive industries. Due to economic downturn, more than 100 employees will be dismissed by the end of August 2009.