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.
Manufacturer of components for sanitary and kitchen fittings Sanitec entered bankruptcy proceedings and as a result all 226 jobs will be lost. The company is located in Maribor and has a total workforce of 226 employees. Due to reduced orders, heavy indebtness and compulsory settlement procedure of Sanitec’s parent company Mariborska livarna Maribor, the company recently entered bankruptcy proceedings.
Eurofound (2013), Sanitec, Bankruptcy in Slovenia, factsheet number 75414, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75414.