CZECH REPUBLIC: Odevni Podnik closes manufacturing plants
Czech clothing firm Odevni Podnik has shut down two manufacturing units in Moravia in the eastern Czech Republic.
The units in Konice and Brodek u Konice had a workforce of about 290, Financni Noviny cited the company as saying.
Odevni blamed the closures on competition from Asian companies, a lack of qualified personnel, increasing energy prices and minimum wages, and currency appreciation.
The business offered all affected workers the chance to move to its core plant in Prostejov, northern Moravia, as well as a monthly benefit of CZK600 (US$27.31) for transport to the facility.
About half of the employees took Odevni up on the offer to transfer while the remainder took severance pay, Financni Noviny reported company spokesman Milivoj Zak as saying.
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