Internal restructuring
Slovenija; Gorenjska;
Location of affected unit(s)
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products

100 jobs
Number of planned job losses
Job loss
Announcement Date
17 March 2006
Employment effect (start)
20 March 2006
Foreseen end date
31 December 2006


Iskratel is a telecommunication equipment company producing switching systems for telephone networks. The company is 52% owned by a Slovenian holding and 48% by Siemens. In 2005, Iskratel's financial performance deteriorated due to problems on the Russian market, a key market for the company. Even though the company introduced a new generation of switching systems, it is not a market leader and the improvement of cost efficiency is of crucial importance. This is to be achieved through reduction of employment. The company aims to avoid forced redundancies. Those threatened by job loss are people with secondary education but also the engineers, whose knowledge, according to the company »is good but not top level«. Siemens is interested in acquiring the majority of shares but domestic owners have not yet responded. Unofficial sources say that ending the business co-operation with Siemens would endanger another 300 to 400 jobs in Iskratel.


  • 20 March 2006: Finance


Eurofound (2006), Iskratel, Internal restructuring in Slovenia, factsheet number 63182, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63182.