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 Food And Beverage Manufacture Of Food Products 10.2 - Processing and preserving of fish, crustaceans and molluscs
160 jobs Number of planned job losses
Announcement Date
25 February 2014
Employment effect (start)
28 February 2014
Foreseen end date
28 March 2014
Description
The Compromise Council of Financial Agency (FINA) issued a decision on the termination of the pre-bankruptcy settlement procedures for food producer Mirna Rovinj. As a result all 160 jobs will be lost. The pre-bankruptcy settlement procedures failed because a restructuring plan had not been adopted. Trade unions blame the local and national government for unsuccessful measures to help the firm.
Sources
26 February 2014: Poslovni dnevnik
Citation
Eurofound (2014), Mirna Rovinj, Bankruptcy in Croatia, factsheet number 76651, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76651.
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