Restructuring events
European Restructuring Monitor (ERM)
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.
The construction company Gradbeno podjetje Radlje based in Radlje ob Dravi in the Koroška region launched the bankruptcy procedure, affecting all 100 employees.
The bankruptcy is attributed to crisis of the construction sector in Slovenia and the accumulation of debt.
Gradbeno podjetje Radlje is insolvent and bankruptcy is considered the only option. The company already released 30 workers last year.
Eurofound (2012), Gradbeno podjetje Radlje, Bankruptcy in Slovenia, factsheet number 74932, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74932.