Type
Bankruptcy
Country
Slovenia
Region
Slovenija; Osrednjeslovenska;
Location of affected unit(s)
Ljubljana
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Construction Of Buildings
41 - Construction of buildings

760 jobs
Number of planned job losses
Job loss
Announcement Date
8 June 2011
Employment effect (start)
15 June 2011
Foreseen end date
14 July 2011

Description

SCT d.d.entered the bankruptcy procedure resulting in the dismissals of its entire workforce, 760 job losses. 

SCT d.d.is the holding company of the SCT Group, the largest construction company in Slovenia; the company is located in Ljubljana in the Osrednje-slovenska region and employs 760 employees. The entire Slovenian construction sector is in a heavy crises faced with the payment arrears and the lack of new orders. Some of the daughter companies of SCT d.d. have been already declered bankrupted (see fact sheet ID 16737)


Sources

  • 8 June 2011: Delo
  • 14 June 2011: Delo
  • 15 June 2011: Delo
  • 22 June 2011: Delo

Citation

Eurofound (2011), SCT d.d., Bankruptcy in Slovenia, factsheet number 72115, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72115.