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.
Professional Services 71 - Architectural and engineering activities; technical testing and analysis 71.1 - Architectural and engineering activities and related technical consultancy 71.12 - Engineering activities and related technical consultancy
160 jobs Number of planned job losses
Announcement Date
30 June 2012
Employment effect (start)
1 July 2012
Foreseen end date
31 July 2012
Description
Lid, a subsidiary company of civil construction company Ceste Mostovi (CM) Celje, has filed for bankruptcy and will make its 160 employees redundant by the end of July 2012. The job reductions will affect Lid's site in Celje in the Savinjska region.
Lid's main activity is consulting in civil construction and engineering. CM Celje is facing financial problems due to the difficult situation at the Slovenian construction sector. Lid's bankruptcy is part of the internal restructuring programme of CM Celje.
Sources
30 June 2012: Delo
28 June 2012: Delo
Citation
Eurofound (2012), Lid, Bankruptcy in Slovenia, factsheet number 73827, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73827.