Czech republic : government must decide this week of LG. Philips factory’s fate

The government must decide if it will or not grant financial assistance to support the rescue plan of the LG.Philips Czech factory -in suspension of payments since the end of January- and thus save 1 300 jobs. (Ref. 06102)

Through . Published on 06 February 2006 à 18h07 - Update on 20 March 2013 à 19h18

The government plans to grant a loan of up to 10 million euros (300 million CZK) on two conditions: 1 the separation from the head office 2 The company must also prove that it has a profitable order book for the next one to two years”…

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