Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
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.
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.
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