Restructuring events
European Restructuring Monitor (ERM)
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.
Lisca, a company from east of Slovenia, is among other european textile companies, facing strong competition from Asia-based production. The new company strategy involves relocating its resources towards Serbia, Turkey and China. 120 workers will be made redundant, making the company's number of dismissed in 2005 more than two hundred. The dismissed workers will benefot from compensations, according to management.
Eurofound (2005), Lisca, Offshoring/Delocalisation in Slovenia, factsheet number 62035, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62035.