8. April 2020 at 18:09

Kurzarbeit scheme to salvage big employers

Cabinet promises to introduce detailed measures in the following days.

Jana Liptáková

Editorial

PM Igor Matovič, accompanied by the ministers of economy, finance, labour and others met for the first time with representatives of the big employees’ sector. PM Igor Matovič, accompanied by the ministers of economy, finance, labour and others met for the first time with representatives of the big employees’ sector. (source: SITA)
Font size: A - | A +

In the end the engineering company PPS Group Detva, based in central Slovakia, will not lay off hundreds of its employees for now. The government and the firm’s representatives agreed on help at their April 7 meeting. Negotiations on concrete measures are ongoing and the government promises to reveal them in the following days. The primary aim is to maintain employment in this company.

SkryťTurn off ads
SkryťTurn off ads
Article continues after video advertisement
SkryťTurn off ads
Article continues after video advertisement

“PPS is a healthy company; just the opposite, we are prepared to expand and launch new projects, but this situation has slowed us in this flight,” Michal Sýkora, general director of PPS Detva Group, said to the TA3 news channel.

The rest of this article is premium content at Spectator.sk
Subscribe now for full access

I already have subscription -  Sign in

Subscription provides you with:

  • Immediate access to all locked articles (premium content) on Spectator.sk

  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)

  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you

  • Access to all premium content on Sme.sk and Korzar.sk

SkryťClose ad