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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.10 - Manufacture of motor vehicles
150 jobs Number of planned job losses
Announcement Date
29 September 2015
Employment effect (start)
30 September 2015
Foreseen end date
1 October 2015
Description
Revoz is a car manufacturer located in Novo Mesto (Jugovzhodna Slovenija region) and owned by the French group Renault. Since the market potential for Twingo and Smart forfour cars was overestimated, Revoz announces a ten-percent contraction in the production of vehicles (from 42 to 38 per hour) after the abolition of the night shift in spring this year. As a result, 150 agency workers will loose their job in October 2015. After internal restructuring, 2,250 workers will be still employed.
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Sources
29 September 2015: Delo
29 September 2015: Finance
Citation
Eurofound (2015), Revoz, Internal restructuring in Slovenia, factsheet number 84987, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84987.
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