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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
50 jobs Number of planned job losses
Announcement Date
7 September 2009
Employment effect (start)
1 January 2009
Foreseen end date
31 March 2009
Description
Iskra Mehanizmi from Lipnica in the Gorenjska region is a supplier company for the automotive industry. Its main products are electronic components for cars, electromechanical counter meters and pulse counters, and various small electronic appliances. Due to economic downturn the company faced a 40% drop in orders in the last quarter of 2008, which led to 50 redundancies in the first quarter of 2009. The company is now introducing a lot of new products; 35% of this year's sales has been realised with products introduced in 2009.
Sources
7 September 2009: Finance
Citation
Eurofound (2009), Iskra Mehanizmi, Internal restructuring in Slovenia, factsheet number 69536, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69536.
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