Type
Bankruptcy
Country
Slovenia
Region
Slovenija; Pomurska;
Location of affected unit(s)
Murska Sobota
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Wearing Apparel
14 - Manufacture of wearing apparel
European Globalisation Fund (EGF)
Year: 2010, Case number: 14

2,639 jobs
Number of planned job losses
Job loss
Announcement Date
2 October 2009
Employment effect (start)
2 October 2009
Foreseen end date
31 December 2009

Description

Mura, Slovenia's largest producer of wearing apparel products, will reduce its workforce by 2639 out of 3300. The company is located in Murska Sobota in the least developed part of Slovenia.

Mura has experienced economic problems and numerous internal restructuring processes since 2002. The situation has been worsened by a sharp drop in orders due to the current economic downturn. In October 2009, Mura declared the bankruptcy and all 2639 employees will lose their job. Most of the remaining jobs are linked to subcontracting work for Hugo Boss.

The Slovenian authorities applied for aid from the European Globalisation Adjustment Fund (EGF) and it is currently being implemented.


Sources

  • 2 October 2009: Finance
  • 3 October 2009: Delo
  • 2 October 2009: Delo

Citation

Eurofound (2009), Mura, Bankruptcy in Slovenia, factsheet number 69643, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69643.