Restructuring events
European Restructuring Monitor (ERM)
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.
Nova Metalna, a metal manufacturer, has filed for bankruptcy leaving 254 workers of its plant in Maribor (Podravska) jobless. The company is heavy indebted and, due to the crisis, has recently lost several important orders. As a result the company entered the bankruptcy procedure and all the employees will lose their jobs.
Nova Metalna is engaged in the industry of treating and coating metals and machining.
Eurofound (2011), Nova Metalna, Bankruptcy in Slovenia, factsheet number 72700, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72700.
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