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 Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24.52 - Casting of steel
100 jobs Number of planned job creations
Announcement Date
18 June 2015
Employment effect (start)
18 June 2015
Foreseen end date
17 June 2016
Description
Slovenska Industrija Jekla, SIJ (Slovenian Steel Industry), with its main base in Jesenice in the Gorenjska region, is the largest Slovenian steel producer and ranks among the top positions in the European and world niche steel markets. The group has 22 affiliated companies in Europe and the USA, and employs around 3,150 people in Slovenia. In 2014, SIJ had 707.8 m EUR in revenue, a 7% increase in comparison with 2013. Profitability also significantly increased. SIJ is owned by the Russian Koks group and is planning 70 m EUR in new investments this year. These will serve to increase the production of duplex stainless two-layer sheet metal and launch the production of piping systems, primarily for the oil and gas industry. For this reason, SIJ will increase employment by 100 new jobs over the coming year.
Sources
18 June 2015: Delo
15 July 2015: Finance
Citation
Eurofound (2015), Slovenska Industrija Jekla, Business expansion in Slovenia, factsheet number 84377, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84377.
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