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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14.13 - Manufacture of other outerwear
200 - 250 jobs Number of planned job losses
Announcement Date
1 April 2009
Employment effect (start)
10 April 2009
Foreseen end date
10 September 2009
Description
Clothing manufacturer Elkroj, based in Mozirje in the Savinjska region, is to cut 200 jobs. At the beginning of April 2009, bankruptcy procedures were launched at the local court and initially all 250 employees' jobs were threatened. The company, which produces mens and womens clothes, was still making a profit in 2008, but due to lower orders from its customers, the company had to reduce the production by two thirds at the beginning of 2009. The management says that they are simply not able to cope with the "cheap competition from the East".
Eurofound (2009), Elkroj, Bankruptcy in Slovenia, factsheet number 68679, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68679.
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