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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.1 - Manufacture of motor vehicles
520 jobs Number of planned job losses
Announcement Date
5 May 2011
Employment effect (start)
23 May 2011
Foreseen end date
Description
Revoz, a car manufacturer owned by French Renault, is to cut 520 jobs by abolishing the third shift. The number of employees will be reduced from 2,461 to 1,941. Both employees on fixed-term contracts (130) and temporary agency work contracts (390) will be affected by this restructuring.
The production of cars will be reduced because of the lack of electronic parts for cars which is, in turn, due to lower supplies from Japanese suppliers following the earthquake.
Sources
5 May 2011: Delo
5 May 2011: Finance
Citation
Eurofound (2011), Revoz, Internal restructuring in Slovenia, factsheet number 71926, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71926.
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