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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14.14 - Manufacture of underwear
New offshoring locations
Serbia, Turkey, China
120 jobs Number of planned job losses
Announcement Date
8 July 2005
Employment effect (start)
Foreseen end date
Description
Lisca, a company from east of Slovenia, is among other european textile companies, facing strong competition from Asia-based production. The new company strategy involves relocating its resources towards Serbia, Turkey and China. 120 workers will be made redundant, making the company's number of dismissed in 2005 more than two hundred. The dismissed workers will benefot from compensations, according to management.
Sources
8 July 2005: Dnevnik
Citation
Eurofound (2005), Lisca, Offshoring/Delocalisation in Slovenia, factsheet number 62035, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62035.
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