Type
Bankruptcy
Country
Slovenia
Region
Slovenija; Podravska;
Location of affected unit(s)
Maribor
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25 - Manufacture of fabricated metal products, except machinery and equipment

254 jobs
Number of planned job losses
Job loss
Announcement Date
18 October 2011
Employment effect (start)
1 November 2011
Foreseen end date
31 December 2011

Description

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.


Sources

  • 20 October 2011: TV Slovenija 1
  • 20 October 2011: Novice
  • 18 October 2011: poslovni.Dnevnik.si (moj.dnevnik.si)

Citation

Eurofound (2011), Nova Metalna, Bankruptcy in Slovenia, factsheet number 72700, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72700.