Article: Czech press review December 2 ,Co Economics.

Czech press review December 2 Co Economics

Prague December 2. INTERFAX EUROPE Co Czech Railways plans to dismiss about 2,000 out of its current 80,000 employees in 2003. In Jan- Sept 2002, the company laid off 2,500 people. Next year, Czech Railways will complete its transformation from a public organization to a joint-stock company that will operate the railways and employ nearly all the current staff. Under the transformation, a second company - Sprava zeleznicni dopravni cesty Co will be established, which will own the railway infrastructure. Some 100 of Czech RailwaysCO current employees will be transferred to this company. Lidove noviny

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