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 Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32.4 - Manufacture of games and toys
146 jobs Number of planned job losses
Announcement Date
4 November 2008
Employment effect (start)
4 November 2008
Foreseen end date
31 December 2008
Description
Mehano, a Izola-based toy manufacturer, has announced that it is to close and dismiss all its 160 workers. 20 employees are likely to be re-employed for maintanance activities. Mehano has struggled financially for the last ten years.
According to the latest information of 2008-12-5, the local court approved the liquidation of Mehano. The latest information on the number of employees, which will lose jobs, is 137 workers with permanent and 9 workers with fixed term contracts. Most of them will receive little more than EUR 3,000 of indemnity money per person.
Sources
4 November 2008: Delo
5 December 2008: Delo
Citation
Eurofound (2008), Mehano, Closure in Slovenia, factsheet number 67323, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67323.
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