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.
GG Nazarje is a forestry company. In the framework of the restitution process in Slovenia, the forests managed by GG Nazarje were given back to the Ljubljana Archbishopric. The Archbishopric did not renew the contract with GG Nazarje and, as a consequence, GG Nazarje went bankrupt. The former director of GG Nazarje said that all attempts of the company to come to an agreement with the Archbishopric and to continue its activities, were rejected by the Archbishopric.
Eurofound (2006), GG Nazarje, Bankruptcy in Slovenia, factsheet number 63234, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63234.