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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.5 - Forging, pressing, stamping and roll-forming of metal; powder metallurgy
226 jobs Number of planned job losses
Announcement Date
29 April 2013
Employment effect (start)
30 April 2013
Foreseen end date
31 July 2013
Description
Manufacturer of components for sanitary and kitchen fittings Sanitec entered bankruptcy proceedings and as a result all 226 jobs will be lost. The company is located in Maribor and has a total workforce of 226 employees. Due to reduced orders, heavy indebtness and compulsory settlement procedure of Sanitec’s parent company Mariborska livarna Maribor, the company recently entered bankruptcy proceedings.
Sources
29 April 2013: Delo
Citation
Eurofound (2013), Sanitec, Bankruptcy in Slovenia, factsheet number 75414, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75414.
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