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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14 - Manufacture of wearing apparel
230 jobs Number of planned job losses
Announcement Date
30 August 2005
Employment effect (start)
Foreseen end date
31 December 2005
Description
The textile giant Mura, from Prekmurje has played a vital employement role in the North East Slovene region and several restructuring plans supported by local and national governments, have been under way since mid 1990's. 230 job losses (through early retirements, voluntary leaves and other soft measures) are to be expected by the end of 2005, followed by further downsizing in 2006. Management aims at developing a EU-recognized fashion clothing trademark and subsequently selling at more profitable prices.
Sources
30 August 2005: Finance
Citation
Eurofound (2005), Mura, Internal restructuring in Slovenia, factsheet number 62160, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62160.
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