Type
Internal restructuring
Country
Slovenia
Region
Slovenija; Podravska;
Location of affected unit(s)
Kidričevo
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Leather And Related Products
15 - Manufacture of leather and related products

386 jobs
Number of planned job losses
Job loss
Announcement Date
29 July 2010
Employment effect (start)
31 December 2008
Foreseen end date
31 July 2010

Description

It was reported in July 2010 that the leather manufacturer Boxmark Leather owned by Austrian firm Schmidt, had cut 386 jobs from December 2008 up to July 2010. The job losses were blamed on the reduced orders during the economic downturn. Prior to the restructuring, the company employed 1.666 people.


Sources

  • 29 July 2010: Finance

Citation

Eurofound (2010), Boxmark Leather, Internal restructuring in Slovenia, factsheet number 70791, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70791.