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Czech Poultry Plant to Close

by 5m Editor
22 November 2007, at 8:50am

PRAGUE - Drubežárny Xaverov, a poultry slaughter house, has announced that it is to close its site in Prague with the loss of 408 jobs.

According to European Restructuring Monitor, the job losses and closure of the plant will be implemented by the end of 2007.

Sources have speculated that the closure of the firm, with a 15 per cent share of the Czech market in chicken meat, may cause the price of chicken meat in Czech Republic to rise.

5m Editor