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.
Wholesale / Retail 47 - Retail trade 47.1 - Non-specialised retail sale 47.11 - Non-specialised retail sale of predominately food, beverages or tobacco
800 - 1,000 jobs Number of planned job losses
Announcement Date
30 January 2013
Employment effect (start)
1 February 2013
Foreseen end date
31 December 2013
Description
Mercator Group, a Slovenian retail trade chain, will reduce its employees by 800 to 1000 people by the end of 2013.
It is reported that this decision is being made due to the economic crisis in Slovenia and South-Eastern European countries.
Mercator employs 23.000 people in Slovenia and South-Eastern European countries (Albania, Bosnia and Herzegovina, Croatia, Kosovo, Macedonia, Montenegro and Serbia).
Sources
30 January 2013: Delo
30 January 2013: Finance
Citation
Eurofound (2013), Mercator Group, Internal restructuring in European Union, factsheet number 74867, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74867.