Slovenija; Savinjska;
Location of affected unit(s)
Celje, Å empeter
Manufacture Of Wood And Paper Materials
Manufacture Of Paper And Paper Products
17.29 - Manufacture of other articles of paper and paperboard

155 jobs
Number of planned job losses
Job loss
Announcement Date
1 April 2015
Employment effect (start)
2 April 2015
Foreseen end date


AERO, a Slovenian producer of self-adhesive products operating in Savinjska region, declared bankruptcy earlier this month and all 155 workers were laid off. Company’s sales revenues decreased from 27.8 million euro in 2009 to 10.6 million euro in 2014. Last year the company had 7.7 million euro of net loss.

The Bank Assets Management Company (DUTB), Probanka and Post Bank Sloveni - majority shareholders after converting their receivables into capital assets - refused company’s restructuring plan and the request for a liquidity loan of 1.5 million euro, therefore bankruptcy was the only option left.

With more than 65 years of experience in the field of adhesives and coatings, AERO was a well-known trademark in the region and it exported three quarters of their products to foreign markets. Its subsidiary social enterprise AERO IDA, which employs 44 workers, will continue the production of adhesive tapes, watercolours and other products.



Eurofound (2015), AERO, Bankruptcy in Slovenia, factsheet number 79186, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/79186.