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 Manufacturing Of Furniture And Other Manufacturing Manufacture Of Furniture 31 - Manufacture of furniture
97 jobs Number of planned job losses
Announcement Date
17 August 2011
Employment effect (start)
17 August 2011
Foreseen end date
15 September 2011
Description
Javor IPP has declared bankruptcy and all 120 employees will lose their jobs. The company's activities are fully integrated with those of Javor Pohištvo, which recently has declared bankruptcy (see related factsheet no. 18287). Although the two companies are separate legal entities, Javor IPP is very much dependent on Javor Pohištvo's activities.
Javor IPP is a company from Ilirska Bistrica employing 120 employees, 40% of whom are disabled.
UPDATE:
The latest information from 17 September 2011 says that the final number of laid off employees has been 97. The remaining 23 eployees has been transferred to the parent company Javor.
Sources
17 September 2011: Delo
17 August 2011: Delo
Citation
Eurofound (2011), Javor IPP, Bankruptcy in Slovenia, factsheet number 72286, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72286.
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