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 Civil Engineering 42 - Civil engineering
250 - 400 jobs Number of planned job losses
Announcement Date
27 February 2013
Employment effect (start)
28 February 2013
Foreseen end date
31 March 2013
Description
Construction company Cestno podjetje Ljubljana (CPL) has entered a bankruptcy procedure affecting approximately 250 people.
The bankruptcy can be seen in the context of many Slovenian construction companies filing for bankruptcies in the last months.
For quite some time, the company has not been able to serve his liabilities and, recently, it also lost the state concession for maintaining roads. Due to the fact that the company was not paying wages, the workforce has already been substantially reduced from 400 in August 2012.
All remaining employees will lose their job.
Sources
26 February 2013: Delo
26 February 2013: Siol
Citation
Eurofound (2013), Cestno podjetje Ljubljana (CPL), Bankruptcy in Slovenia, factsheet number 74992, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74992.
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