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 Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24.42 - Aluminium Production
100 jobs Number of planned job creations
Announcement Date
24 October 2023
Employment effect (start)
1 December 2023
Foreseen end date
31 December 2024
Description
Talum, the manufacturer of aluminum products, announced the investment in a ‘green’ factory of slugs and the creation of 100 new jobs.
Due to the energy crisis, the company laid off 120 people in March 2023 because primary aluminum manufacturing was no longer sustainable, see [Talum-2023-SI] (https://apps.eurofound.europa.eu/restructuring-events/detail/108613). Soon after, it announced the €38 million investment in a new plant to produce slugs. The facility is expected to be operating by the end of 2024. The company secured a loan from NKBM bank and €15 million in development funds from SID Bank for the investment.
Eurofound (2023), Talum, Business expansion in Slovenia, factsheet number 200485, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200485.
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