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 (31) Manufacture of furniture 31.0 - Manufacture of furniture 31.00 - Manufacture of furniture
170 jobs Number of planned job losses
Announcement Date
12 May 2014
Employment effect (start)
1 July 2014
Foreseen end date
Description
170 jobs are to be lost due to insolvency procedures at the sofa manufacturer Euroform Pro. As reported the County court in Trnava initiated insolvency proceedings against the company that owes about €1 million to its creditors.
Sources
12 May 2014: Hospodárske noviny
12 May 2014: TERAZEkonomika
Citation
Eurofound (2014), Euroform Pro, Bankruptcy in Slovakia, factsheet number 77110, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77110.