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.
Eta Cerkno, a producer of electrothermal apparatus and hot plates for electrical kitchen in particular, is going to lay off 100 workers. Karlheinz Hörsting, a representative of the Swiss group E.G.O. which owns the company, announced a partial delocalization of production to Zagreb in Croatia. The reasons for the delocalization are delivery problems, high uncompetitive production and administrative costs. The management assured that the closing of the factory is not foreseen. E.G.O. group plans new investments into Eta Cerkno in the amount of €2.1 million in 2018 and some production departments in the factory in Oberderding will be moved to Eta Cerkno. Workers said that the delivery problems were caused by the lack of workforce. Among 100 workers 70 are regular and 30 fixed-term employees.
Eurofound (2017), Eta Cerkno, Offshoring/Delocalisation in Slovenia, factsheet number 92610, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92610.