Istrochem Explosives

Type
Bankruptcy
Country
Slovakia
Region
Slovensko; Bratislavský kraj; Bratislavský kraj
Location of affected unit(s)
Bratislava
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
20.5 - Manufacture of other chemical products
20.59 - Manufacture of other chemical products n.e.c.
140 jobs
Number of planned job losses
Job loss
Announcement Date
8 September 2009
Employment effect (start)
Foreseen end date

Description

Slovak producer of industrial explosives Istrochem Explosives in Bratislava is in liquidation and all 140 employees will be dismissed. The company had been taken over by Czech Explosia Company in Pardubice before. According to a technician working at Istrochem, profitable parts of the company will probably be delocalised to Explosia in Pardubice.

Sources

  • 8 September 2009: Pravda ()

Citation

Eurofound (2009), Istrochem Explosives, Bankruptcy in Slovakia, factsheet number 69955, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/69955.