BUSINESS IN SHORT

More layoffs around Slovakia

SEVERAL companies were reported to be considering mass layoffs at the beginning of June.

SEVERAL companies were reported to be considering mass layoffs at the beginning of June.

The Duslo Šaľa chemical factory, based in the southern Slovak town of Šaľa, is considering closing one of its plants, the Sme daily reported on June 4. The company, which employs a total of 2,200 people, could thus lay off as many as 800 of its workers. Duslo Šaľa said that the municipality of Močenok, where the facility in question is located, rejected its plan to start producing aniline, probably due to fears stoked by environmentalists. Duslo CEO Petr Cingr said, as quoted by Sme, that the municipality’s representatives did not initially appear to disapprove of the plan, which would involve an investment worth €80 million over three years. The Environment Ministry will now decide whether to proceed with a large investment in the facility.

The Slovak producer of boilers SES Tlmače recently reported a drop in orders and has said that it might be forced to lay off around 100 people this year, the Hospodárske Noviny daily reported on June 5.

In Veľký Krtíš, five companies belonging to HrKo Holding, a producer of eggs, have announced mass lay-offs. About 289 people might lose their jobs due to organisational changes and the financial crisis, the TASR newswire reported. The company justified the lay-offs, arguing that the low price of eggs has been causing the company to produce less, according to TASR.

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