Type
Internal restructuring
Country
Slovenia
Region
Slovenija; Koroska;
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13.9 - Manufacture of other textiles

285 - 428 jobs
Number of planned job losses
Job loss
Announcement Date
30 August 2005
Employment effect (start)
Foreseen end date
31 December 2005

Description

Prevent, a leading European manufacturer of car seat covers, contracting Volkswagen, Renault, Ford, PSA, BMW among others, is the core company of Skupina Prevent. 23 companies, either partly or wholly owned by Prevent, employ nearly 10,000 people across the globe. Other than its production for the automobile industry, the group also embraces firms dealing with as different areas as wood processing, masonry, finance and metallurgy. The group’s management seeks to lower production costs and thus plans to reduce its workforce by 300 people to a total of 430 employees. The company already announced further so-called ‘soft’ reductions in 2006.


Sources

  • 30 August 2005: Finance

Citation

Eurofound (2005), Prevent, Internal restructuring in Slovenia, factsheet number 62161, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62161.