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.
Steklarska nova, a producer of glassware, has announced its bankruptcy, leading to the dismissal of 248 workers in Rogaška Slatina, Slovenia.
Steklarska nova produced a variety of products, including crystalline (coloured and clear), stemware, barware, giftware collection (vases, bowls, candlesticks, decanters, pitchers, doses, etc.), engraved cups, aware plates, unique items and limited hand made editions. The company was located in Rogaška Slatina in the Savinjska region and employed 248 people. It had been in severe trouble for some time, but reduced orders in the last six months eventually pushed the company into bankruptcy. On May 22, the beginning of the bankruptcy procedure was announced, and all workers received employee notices.
The company is now up for sale but its future is uncertain. If a strategic investor can be found, approximately 150 workers may be reemployed.
Eurofound (2009), Steklarska nova, Bankruptcy in Slovenia, factsheet number 69224, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69224.