Type
Bankruptcy
Country
Slovenia
Region
Slovenija;
Location of affected unit(s)
Kočevje
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31.09 - Manufacture of other furniture

170 jobs
Number of planned job losses
Job loss
Announcement Date
11 November 2014
Employment effect (start)
11 November 2014
Foreseen end date
31 December 2014

Description

Nolik is manufacturer of furniture for children, for the equipment of kindergartens and schools or other buildings, located in Kočevje in the Jugovzhodna Slovenija region. The company employs 170 people. In 2012, Nolik lost its major customer, i.e. Stokke, who relocated the production of tripp-trapp chairs for kids to Bulgaria. Nolik’s sales and production were reduced by half. Since then, the company has not been able to regain normal performance. As a result the company entered the bankruptcy procedure. All 170 employees will lose their job.


Sources

  • 11 November 2014: Delo

Citation

Eurofound (2014), Nolik, Bankruptcy in Slovenia, factsheet number 77872, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77872.