Type
Bankruptcy
Country
Slovenia
Region
Slovenija;
Location of affected unit(s)
NA
Sector
Agriculture
Agriculture, Forestry And Fishing
Forestry And Logging
02 - Forestry and logging

183 jobs
Number of planned job losses
Job loss
Announcement Date
21 March 2006
Employment effect (start)
1 March 2006
Foreseen end date
1 March 2006

Description

GG Nazarje is a forestry company. In the framework of the restitution process in Slovenia, the forests managed by GG Nazarje were given back to the Ljubljana Archbishopric. The Archbishopric did not renew the contract with GG Nazarje and, as a consequence, GG Nazarje went bankrupt. The former director of GG Nazarje said that all attempts of the company to come to an agreement with the Archbishopric and to continue its activities, were rejected by the Archbishopric.


Sources

  • 21 March 2006: Dnevnik

Citation

Eurofound (2006), GG Nazarje, Bankruptcy in Slovenia, factsheet number 63234, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63234.