Type
Bankruptcy
Country
Slovenia
Region
Slovenija; Notranjsko-kraska;
Location of affected unit(s)
Ilirska Bistrica
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31 - Manufacture of furniture

190 jobs
Number of planned job losses
Job loss
Announcement Date
6 August 2011
Employment effect (start)
4 August 2011
Foreseen end date
5 August 2011

Description

In July 2011, furniture producer Javor Pohištvo from Ilirska Bistrica has declared bankruptcy. The company's financial troubles started with the recession which is to blame for the fall in orders. All 200 employees were laid off on 4 August 2011.

UPDATE:

The latest information from 17 Septmeber 2011 says that the final number of laid off employees has been 190.


Sources

  • 17 September 2011: Delo
  • 6 August 2011: Delo

Citation

Eurofound (2011), Javor Pohištvo, Bankruptcy in Slovenia, factsheet number 72269, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72269.