Type
Bankruptcy
Country
Slovenia
Region
Slovenija; Zasavska;
Location of affected unit(s)
Zagorje ob Savi
Sector
Professional Services
Market Research And Advertising Services
Advertising And Market Research
73.11 - Advertising Agencies

200 jobs
Number of planned job losses
Job loss
Announcement Date
28 August 2023
Employment effect (start)
1 September 2023
Foreseen end date

Description

Studio moderna, an online retailer with outlets in Central and Eastern European countries, has declared bankruptcy and will lay off around 200 workers in Slovenia.

Studio moderna, known for its Dormeo, Delimano and Top Shop brands, has been in financial trouble for almost a year. The employees have not been paid salaries since July 2023. The owner, Sandi Češko, explained the company accumulated about €60 million in debt and was forced to file for bankruptcy.

About 200 people will lose their jobs; however, the owner searches for a way to restart the business and reemploy some former employees.


Sources

Citation

Eurofound (2023), Studio moderna, Bankruptcy in Slovenia, factsheet number 200235, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200235.