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, Printing And Reproduction Of Recorded Media Printing And Reproduction Of Recorded Media 18 - Printing and reproduction of recorded media
190 jobs Number of planned job losses
Announcement Date
8 October 2009
Employment effect (start)
8 October 2009
Foreseen end date
8 October 2009
Description
MKT Print, a printing company from Ljubljana, has declared bankruptcy and will let go about 190 workers from a total workforce of 240. Only some 50 will retain their jobs. There are several reasons for the bankruptcy - a decline in orders, reduced prices for MKT Print services, payment arrears of customers and last year's investment in new machinery which gave rise to financial problems.
Sources
8 October 2009: Delo
25 September 2009: Delo
18 September 2009: Delo
Citation
Eurofound (2009), MKT Print, Bankruptcy in Slovenia, factsheet number 69944, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69944.
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