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.
Construction Construction Of Buildings And Infrastructure Engineering Construction Of Buildings 41.2 - Construction of residential and non-residential buildings
100 jobs Number of planned job losses
Announcement Date
23 November 2012
Employment effect (start)
26 November 2012
Foreseen end date
30 November 2012
Description
The construction company Stavbenik, based in Koper in the Obalno-Kraška region, has initiated the bankruptcy procedure, with 100 consequent job losses.
The reason is the heavy crisis that has hit the construction sector in Slovenia. The company’s insolvency is directly linked to the bankruptcy of another construction company, Primorje, the former majority stakeholder of Satvbenik and the investment in apartments which they are not able to sell.
Sources
23 November 2012: Delo
Citation
Eurofound (2012), Stavbenik, Bankruptcy in Slovenia, factsheet number 74552, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74552.
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