Type
Internal restructuring
Country
Slovenia
Region
Slovenija; Osrednjeslovenska;
Location of affected unit(s)
Ljubljana
Sector
Manufacturing
Manufacture, Printing And Reproduction Of Recorded Media
Printing And Reproduction Of Recorded Media
18 - Printing and reproduction of recorded media

280 jobs
Number of planned job losses
Job loss
Announcement Date
15 July 2010
Employment effect (start)
1 January 2007
Foreseen end date
15 July 2010

Description

Printing group Delo Tiskarna has made 280 job cuts in recent years in Ljubljana. Formerly one of the largest printing houses in Slovenia, the company owned by the Krater Group, had 330 employees in 2006; the number was reduced to only 50 by the end of 2009. The reasons for such a radical reduction of employment were partly due to the necessary internal restructuring; another reason may be high price of real estate (land) on which the print houses in Ljubljana are located. In some cases it has been more profitable for the owner to liquidate the companies and to sell the land than to continue printing activity.


Sources

Citation

Eurofound (2010), Delo Tiskarna, Internal restructuring in Slovenia, factsheet number 70705, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70705.