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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.32 - Manufacture of other parts and accessories for motor vehicles
200 jobs Number of planned job losses
Announcement Date
18 September 2020
Employment effect (start)
1 October 2020
Foreseen end date
31 December 2020
Description
Cimos, an international supplier of auto parts with five plants in Slovenia and six in Croatia, announced a collective dismissal of 200 workers in Slovenia. About 150 workers will lose their jobs due to the closure of the factory in Maribor and 50 more in SenožeÄe. Cimos, owned by the Italian group Palladio Holding since May 2017, is the most affected Slovenian automotive subcontractor by the COVID-19 pandemic. The management said that the decrease in sales revenue is the reason behind the restructuring. The company started negotiations with trade unions offering severance payments to dismissed workers, assistance in finding new employment and reemployment of some workers in Croatian plants.
Cimos now employs 2,600 workers altogether;Â 992 in Slovenia, among which 50 agency workers.
Eurofound (2020), Cimos, Internal restructuring in Slovenia, factsheet number 101811, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101811.
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