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.
Hidria AET, which manufactures electronic equipment for motor vehicles, in Tolmin, Slovenia, had laid off 47 of its 300 employees. Hidria AET is a company producing electrical and electronic equipment for motor vehicles (systems for cold start of diesel engines, electronics to support ignition systems, hybrids and electonic flywheel magnetos, ceramic components for automotive program, tools and devices). It is located in the town of Tolmin in the Goriška region of Slovenia. The company is part of the Slovenia-based Hidria Group. At the end of 2008 it employed 300 people, but recently reduced the number of employees by 47, because the orders have reduced by 35%.
Eurofound (2009), Hidria AET, Internal restructuring in Slovenia, factsheet number 68273, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68273.