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 (13 - 15) Manufacture of textiles, apparel and leather 13 - Manufacture of textiles 13 - Manufacture of textiles
118 jobs Number of planned job losses
Announcement Date
30 August 2005
Employment effect (start)
Foreseen end date
31 December 2005
Description
Another renowned textile manufacturer (focusing on ladies fashion) from central Slovenia is adjusting its resources to the fierce market situation. The company will reduce its labour force by more than 70% in 2005, ending with only 46 employees. Soft reduction measures (early retirements, re-training.) are anticipated.
Sources
30 August 2005: Finance
Citation
Eurofound (2005), Rasica, Internal restructuring in Slovenia, factsheet number 62158, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62158.