Tue 1 July 2025
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Tue 1 July 2025
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OFZ announces mass layoffs in N Slovakia
July 6th, 2022
Ferroalloy manufacturer OFZ, operating in Orava county in northern Slovakia, has announced it would lay off ca. 150 employees and partially suspend production by the end of the year due to persistent negative market conditions, in particular high electricity prices and low market prices for ferroalloys.
TASR