The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Beverages 11.02 - Manufacture Of Wine From Grape
550 - 556 jobs Number of planned job losses
Announcement Date
11 July 2024
Employment effect (start)
2 May 2024
Foreseen end date
15 July 2024
Description
Dalmacijavino, the fourth biggest wine producer in Croatia, proclaimed bankruptcy and announced that 556 workers are to be laid off.
The bankruptcy comes after battling receivership for several years. The Financial Agency prepared a report to the Commercial Court in Split in which it was pointed out that at the end of June 2024, the company's bank account was blocked with EUR 12.39 million.
In the first quarter of 2024, payments were made primarily to the claims of about fifty creditors, including the Tax Administration for as much as EUR 6.7 million, for unpaid VAT, taxes and social contributions. On the website of the Financial Agency, the electronic public auction for the sale of real estate owned by Dalmacijavino has begun.
Eurofound (2024), Dalmacijavino, Bankruptcy in Croatia, factsheet number 201386, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201386.
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