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 Manufacture Of Food And Beverage Manufacture Of Food Products 10.71 - Manufacture of bread; manufacture of fresh pastry goods and cakes
100 jobs Number of planned job losses
Announcement Date
11 February 2013
Employment effect (start)
28 February 2013
Foreseen end date
Description
The bakery enterprise Pekarna Blatnik has been declared bankrupt and all 100 employees will consequently be dismissed.
The company had ambitious plans about expansion into new lines of business (investment in the promotion of a new brand name for a franchise system Happy pek) and internationalisation by establishing a company in Serbia. The plans proved to be too optimistic and the company started facing problems when it became clear that they were unable to repay the loans. The employees have not been paid their wages since November, when the company was put into receivership.
Pekarna Blatnik is a baker's products maker, originally from Videm-Dobrepolje in the Osrednjeslovenska region and currently employs 100 people.
Sources
11 February 2013: Delo
Citation
Eurofound (2013), Pekarna Blatnik, Bankruptcy in Slovenia, factsheet number 74906, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74906.
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