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.
On 26 October 2010 Vegrad Inde, a part of the Vegrad construction group located in Velenje in the Savinjska region, announced its bankruptcy and the dismissal of 142 employees. The reason for bankruptcy is the economic recession and lackluster housing market.
Sources
26 October 2010: Delo
Citation
Eurofound (2010), Vegrad Inde, Bankruptcy in Slovenia, factsheet number 71050, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71050.