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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
170 jobs Number of planned job losses
Announcement Date
12 February 2009
Employment effect (start)
1 December 2008
Foreseen end date
12 February 2009
Description
Motor vehicule parts and accessories company Cimos TAM has reduced the number of employees from 920 to 750 at its plant in Maribor in the last couple of months. Employees with fixed-term contracts and those hired via employment agencies have lost jobs. Some additional employees may lose jobs in the near future. The reason for the job cuts is reduced orders due to the economic downturn. Cimos TAM, which is located in North-Eastern Slovenia and produces flywheels, brake drums, central and compressor housings, belongs to the Cimos group.
Sources
12 February 2009: Delo
Citation
Eurofound (2009), Cimos TAM, Internal restructuring in Slovenia, factsheet number 68144, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68144.
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