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.
Construction Construction Of Buildings And Infrastructure Engineering Construction Of Buildings 41 - Construction of buildings
178 jobs Number of planned job losses
Announcement Date
5 October 2011
Employment effect (start)
5 October 2011
Foreseen end date
31 December 2011
Description
Primorje is the only among the largest construction companies in Slovenia which is still alive. The company is located in Ajdovščina in the Goriška region and employs 1076 employees. The entire Slovenian construction sector is in a heavy crises faced with the payment arrears and the lack of new orders. As the consequence, the company entered the process of severe internal restructuring in which 200 employees will lose jobs by the end of the year.
Update: As reported by Finance on 04-11-2011, the final number of workers who will lose their jobs by the end of the year is 178.
Sources
4 November 2011: Finance
5 October 2011: Delo
Citation
Eurofound (2011), Primorje, Internal restructuring in Slovenia, factsheet number 72464, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72464.
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