Type
Bankruptcy
Country
Slovenia
Region
Slovenija; Savinjska;
Location of affected unit(s)
Celje
Sector
Professional Services
Scientific, Architectural And Engineering Technical Activities
Architectural And Engineering Activities; Technical Testing And Analysis
71.12 - Engineering activities and related technical consultancy

160 jobs
Number of planned job losses
Job loss
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73827.