MIP (Mesna industrija Primorske)

Type
Bankruptcy
Country
Slovenia
Region
Slovenija;
Location of affected unit(s)
Nova Gorica, Gornja Radgona
Sector
Manufacturing
(10 - 11) Manufacture of food and beverage
10 - Manufacture of food products
10 - Manufacture of food products
498 - 750 jobs
Number of planned job losses
Job loss
Announcement Date
31 March 2009
Employment effect (start)
10 April 2009
Foreseen end date
10 September 2009

Description

Mesna Industrija Promorske (Meat Industry of Primorska; MIP) is one of the largest food processing companies in Slovenia, engaged in the production of meat and meat products. MIP has production capacities in various part of Slovenia, the main being in Nova Gorica (Notranjsko-kraška region) and Gornja Radgona (Pomurska region). Due to bad investment decisions, the company has been in trouble for some time and at the beginning of April the bankruptcy procedure was launched. Current economic recession is not the reason for MIP's problems. 750 jobs is in jeopardy because of the bankruptcy.

On 2009-04-15, 236 employees from Gronja Radgona were dismissed. The same happened to 262 employees in Nova Gorica on 2009-04-17.

Sources

  • 7 April 2009: Delo
  • 1 April 2009: Delo
  • 2 April 2009: Finance
  • 31 March 2009: Delo
  • www.rtvslo.si

Citation

Eurofound (2009), MIP (Mesna industrija Primorske), Bankruptcy in Slovenia, factsheet number 68678, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68678.