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Textile firm Merina Trenčín to lay off 150 employees

Textile company Merina Trenčín (Trenčín region) has announced plans to lay off 150 employees as of January, with its whole operation under threat of closure, the company's general director, Miroslav Majerník, said on December 15. Majerník blames the global economic crisis and strengthening competition from Asia. He described his company as "The Last of The Mohicans" when it comes to woollen fabrics for ready-to-wear clothing in Central Europe. The redundancies announced on Monday will leave 120-130 employees working at the company, he added. "The redundancies will concern many people who have been employed at Merina for a long time, with women especially likely to be affected," director of Trenčín job centre, Teresa Pavlásková, told the TASR newswire.

Textile company Merina Trenčín (Trenčín region) has announced plans to lay off 150 employees as of January, with its whole operation under threat of closure, the company's general director, Miroslav Majerník, said on December 15. Majerník blames the global economic crisis and strengthening competition from Asia. He described his company as "The Last of The Mohicans" when it comes to woollen fabrics for ready-to-wear clothing in Central Europe. The redundancies announced on Monday will leave 120-130 employees working at the company, he added.

"The redundancies will concern many people who have been employed at Merina for a long time, with women especially likely to be affected," director of Trenčín job centre, Teresa Pavlásková, told the TASR newswire.

Dušan Gajdušek, director of the Textile and Clothing Association (ATOP), confirmed that Slovakia's textile industry has been under pressure from globalisation since 2003.

"This is going to be difficult for Merina's employees, who are used to a highly-specialised work," said one of the workers. TASR

Compiled by Zuzana Vilikovská from press reports
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