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.
Nolik VIO, which manufactures furniture for businesses, is to make redundant between 60 and 75 employees from its workforce of 297. Nolik VIO manufactures furniture for business, working and sales premises, and is located in the town of Kočevje in the South Eastern Slovenia. The company plans to reduce the number of employees by 60 to 75 people by mid 2009. The reasons for the reduction of employment are reduced orders, cancelling of existing orders, reduction of prices and delayed payments.
Eurofound (2009), Nolik VIO, Internal restructuring in Slovenia, factsheet number 68271, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68271.