Type
Internal restructuring
Country
Slovenia
Region
Slovenija; Savinjska;
Location of affected unit(s)
Zreče
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

48 jobs
Number of planned job losses
Job loss
Announcement Date
24 February 2009
Employment effect (start)
1 January 2009
Foreseen end date
24 February 2009

Description

GKN Driveline Slovenija, which manufactures components for the automobile industry, is to make 48 employees redundant at its plant in Zrece. GKN Driveline Slovenija is a subsidiary of UK based GKN Driveline. The Slovenian subsidiary, which is located in the town of Zreče in Savinjska region, produces driveline systems and components for automobile industry. The company is faced by a 40% reduction of orders. As a result, in February the company decided not to prolong the contracts to 48 employees. Thus the employment was reduced from 380 to 332 people. All employees have permanent contracts. The company also decided to reduce working hours to 36 per week. According to a government anti-recession programme, companies may reduce the weekly working load and the government compensates the workers for their lower salaries.


Sources

  • 24 February 2009: Delo

Citation

Eurofound (2009), GKN Driveline, Internal restructuring in Slovenia, factsheet number 68373, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68373.