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 Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.3 - Manufacture of paints, varnishes and similar coatings, printing ink and mastics
120 jobs Number of planned job losses
Announcement Date
7 February 2014
Employment effect (start)
7 February 2014
Foreseen end date
30 April 2014
Description
Helios Group from Domžale (Osrednjeslovenska region), a producer of coatings, varnishes and lacquers, is to reduce its workforce by 120 positions as the result of its acquisition by Austrian Ring International. The restructuring will be completed by the end of April 2014.
The acquisition has already been concluded, but it has yet to come into effect.
Helios employs 1,372 employees in various locations in and near the town of Domžale.
Sources
7 February 2014: Dnevnik
Citation
Eurofound (2014), Helios, Internal restructuring in Slovenia, factsheet number 76787, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76787.
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