Zajecar cable factory temporarily stops operations due to “lack of work and the economic crisis in Europe”

On January 21, TF Kabl FKZ D.O.O Zajecar made the decision on sending the employees on a paid leave and using the collective annual leave, as learned by Glas Zajecara.

As Glas Zajecara has learned, the reason is the lack of work in the coming period at TF Kabl FKZ D.O.O Zajecar, and the employees are sent on a paid leave and a collective annual leave.

The explanation says that, due to the lack of work in the coming period, which is reflected in missing orders, caused by the current operations and the economic crisis in Europe, the volume of work at TF Kabl FKZ D.O.O Zajecar has been considerably lowered, so it is necessary to implement a temporary halt of operations, especially given that the previous business year ended with a loss.

Fabrika kablova a.d. Zaječar, FKZ Zaječar

TF Kabl FKZ doo Zaječar

Fabrika kablova Zaječar

Zaječar cable factory

halt of operations

temporary halt of operations