PPS Detva makes 150 redundant

Engineering firm PPS Detva has announced further 150 redundancies. Over recent years, the workforce at the plant has been reduced from 1,600 to 570.

Union leader Stanislav Lupták claims that this is a result of a creditors meeting last week, which failed to choose a buyer for the firm.

"After the creditors meeting failed, we were expecting this development. We warned that clients and those interested in cooperating in production would react to this uncertain situation, and it has happened," he said.

Compiled by Conrad Toft from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

2. Jun 2003 at 10:41