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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
80 jobs Number of planned job losses
Announcement Date
6 January 2009
Employment effect (start)
1 September 2008
Foreseen end date
6 January 2009
Description
Semič-based Iskra Kondenzatorji, a company owned by Slovenian Iskra Holding, has announced that it is to cut 720 jobs (out of 800) due to the sharp decrease of orders. The job losses will be implemented by June 2009.
50 of the dismissed workers were employed on a temporary agency contract and another 30 were on fixed-term contracts. The company also reduced the weekly working time from 42 to 36 hours. Lower salaries due to shorter working time will be compensated by a government anti-recession scheme which amounts to EUR 60 per employee on a monthly basis.
Iskra Kondenzatorji operates in the manufacture and development of computers, printers, refrigerators and other household appliances.
Sources
6 January 2009: Delo
Citation
Eurofound (2009), Iskra Kondenzatorji, Internal restructuring in Slovenia, factsheet number 67762, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67762.
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