Home » Industrial relations » National industrial relations » Czech republic : government wants to save LG Philips subsidiary factory Czech republic : government wants to save LG Philips subsidiary factory Over 1000 jobs are potentially threatened in Hranice na Morave. The government wants to help financially. But if the factory stops its activities, it will have to reimburse the Czech government 1,5 billion CZK (about 53 million euros) in subsidies. (Ref. 06187) Through . Published on 27 February 2006 à 15h00 - Update on 20 March 2013 à 22h52 Resources The Czech government is ready to help save over 1000 jobs in a company that is in a bad financial situation (see our article Ref. 06102). After its Dutch parent company LG Philips Displays Holding requested an insolvency protection before the Dutch court,… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageNameThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels