Latvia - Metal plant lays off - April 30, 2016

The ailing steel company KVV Liepajas Metalurgs has already dismissed more than 100 workers, and plans to lay off another 150 workers by the end of April 2016. The management is aware of the fact that they there is the risk to lose qualified workers irreversibly – people with years of experience. This will make a revival of the production process in the future more difficult. The plant, based in the south-western Liepaja port city, has been struggling with financial problems since it was acquired by the KVV Group in October 2014. KVV agreed to invest over the next 10 years.

English: http://www.baltic-course.com/eng/markets_and_companies … 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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