Kraški zidar

Type
Internal restructuring
Country
Slovenia
Region
Slovenija; Zahodna Slovenija; Obalno-kraška
Location of affected unit(s)
Sežana
Sector
Construction
41 - Construction of residential and non-residential buildings
41 - Construction of residential and non-residential buildings
41.0 - Construction of residential and non-residential buildings
113 jobs
Number of planned job losses
Job loss
Announcement Date
20 April 2012
Employment effect (start)
28 June 2012
Foreseen end date
29 June 2012

Description

Construction company Kraški zidar based in Sežana is to cut 113 jobs (out of a total of 341) by the end of June 2012. The restructuring is blamed on the economic crisis which has hit hard the construction sector. The company has been struggling with payment arrears and lack of new orders.

Sources

  • 20 April 2012: Delo

Citation

Eurofound (2012), Kraški zidar, Internal restructuring in Slovenia, factsheet number 73488, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73488.