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.
Construction company Kraški zidar, based in Sežana, has entered the bankruptcy procedure. The company currently employs 310 employees, which will all be made redundant by August 20, 2012.
The restructuring is blamed on the economic crisis, which has hit the construction sector particularly hard. The company has been struggling with payment arrears and lack of new orders.
Eurofound (2012), Kraški zidar, Bankruptcy in Slovenia, factsheet number 73990, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73990.