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.
Manufacturing Manufacture Of Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16.29 - Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
130 jobs Number of planned job losses
Announcement Date
31 March 2012
Employment effect (start)
31 March 2012
Foreseen end date
2 April 2012
Description
Novoles Plus, producer of plywood from Straža near Novo mesto in the Jugovzhodna Slovenija region, has announced to make its entire workforce of 130 redundant.
Due to outstanding debts the company had to sell one of the crucial machines for the production of plywood. This has resulted in severe problems in fulfilling the delivery contracts. The end result is that all the assets of the company are now on sale and all 130 employees lost their job.
Sources
31 March 2012: Delo
Citation
Eurofound (2012), Novoles Plus, Closure in Slovenia, factsheet number 73379, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73379.
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