Type
Bankruptcy
Country
Slovakia
Region
Stredne Slovensko; Banskobystricky kraj;
Location of affected unit(s)
Poltár
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Other Non-Metallic Mineral Products
23.1 - Manufacture of glass and glass products

390 jobs
Number of planned job losses
Job loss
Announcement Date
15 December 2011
Employment effect (start)
15 January 2012
Foreseen end date

Description

Slovglass Company, which produces domestic glass in Poltar, announced mass dismissal of 390 employees. Dismissals are attributed to the bankruptcy announced by company management and concern all blue collar workers working there. Slovglass was longer time insolvent, and the gas contractor company stopped deliveries to the company.


Sources

  • 19 December 2011: Hospodárske noviny

Citation

Eurofound (2011), Slovglass, Bankruptcy in Slovakia, factsheet number 72913, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72913.