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 Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.1 - Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms
111 jobs Number of planned job losses
Announcement Date
9 September 2014
Employment effect (start)
15 September 2014
Foreseen end date
15 October 2014
Description
Nafta Petrochem is part of the Nafta Lendava Group. The company, which is located in Lendava (Prekmurska region), employs 154 employees. Its main activity is the production of basic organic chemicals. Due to heavy indebtedness and lack of interest from stakeholders or new investors to continue the activities, the bankruptcy has been filed at court. As a consequence, 111 employees are going to lose their jobs. The remaining 43 employees will retain their jobs as their work is related to the storage of strategic oil reserves for the State.
Sources
10 September 2014: Delo
9 September 2014: Rtvslo
Citation
Eurofound (2014), Nafta Petrochem, Bankruptcy in Slovenia, factsheet number 77548, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77548.
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