ZVS Holding

Type
Internal restructuring
Country
Slovakia
Region
Slovensko; Západné Slovensko; Trenčiansky kraj
Location of affected unit(s)
Dubnica nad Váhom
Sector
Manufacturing
(24 - 25) Manufacture of metals
25.3 - Manufacture of weapons and ammunition
25.3 - Manufacture of weapons and ammunition
65 jobs
Number of planned job losses
Job loss
Announcement Date
31 January 2011
Employment effect (start)
1 April 2011
Foreseen end date

Description

Slovak ZVS Holding Company in Dubnica nad Vahom, which produces assorted military ammunition, plans dismiss 65 workers. Dismissals are attributed to a decrease in orders from customers and are expected to begin in April 2011. According to Director General of ZVS Holding, Mr. Miroslav Solava, company management will try to minimize dismissals.

Sources

  • 31 January 2011: Pravda

Citation

Eurofound (2011), ZVS Holding, Internal restructuring in Slovakia, factsheet number 71666, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71666.