Luminos

Type
Bankruptcy
Country
Slovenia
Region
Slovenija; Vzhodna Slovenija; Podravska
Location of affected unit(s)
Slovenska Bistrica
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23 - Manufacture of other non-metallic mineral products
23 - Manufacture of other non-metallic mineral products
100 jobs
Number of planned job losses
Job loss
Announcement Date
9 August 2011
Employment effect (start)
31 August 2011
Foreseen end date
30 September 2011

Description

On 8 August 2011, glass producer Luminos filed for bankruptcy and 100 employees will lose their jobs. The company has been struggling for some time due to a sharp decline in orders. The company went through the compulsory settlement procedures which, however, have not helped to save the business.

Sources

  • 9 August 2011: RTV Slo

Citation

Eurofound (2011), Luminos, Bankruptcy in Slovenia, factsheet number 72270, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72270.