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.
Hisense Gorenje, the home appliance manufacturer (producer of refrigerators, kitchen stoves, televisions, washing, drying, dish-washing machines), announced the closure of its factory in Rogatec and the termination of 120 jobs.
The Rogatec plant, which produces refrigerator and freezer components, will reduce its production significantly by the end of this year and will ultimately close in August 2025. The management has explained that the same components are being produced at a lower cost at the Valjevo site in Serbia, making the Rogatec plant no longer competitive.
As per the restructuring deal with the trade union, the company will provide all employees with appropriate jobs at the Velenje plant. Workers will be offered organized bus transportation and a €25 bonus per day to compensate for the one-hour commute. Those who decline the offer will receive a 40% increase in severance pay.
Eurofound (2024), Hisense Gorenje, Closure in Slovenia, factsheet number 201718, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201718.
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