Type
Bankruptcy
Country
Croatia
Region
Hrvatska; Kontinentalna Hrvatska; Krapinsko-zagorska županija
Location of affected unit(s)
Poznanovec near the City of Zabok
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Wearing Apparel
14.12 - Manufacture of workwear

220 - 230 jobs
Number of planned job losses
Job loss
Announcement Date
1 August 2016
Employment effect (start)
1 September 2016
Foreseen end date
3 October 2016

Description

Around 230 workers from the shoe factory Inkop from the Poznanovec near the City of Zabok were sent on leave, following which they will be dismissed. The director of the company has already submitted a request for bankruptcy in the Commercial Court in Zagreb.

The factory produced footwear for the army and police, but it was insufficient. The workers have not received salaries since February 2016. Inkhop engaged in two rounds of attempted conciliation between the union and management, however these attempts have failed. The Government stated that in this case it cannot help and the request for bankruptcy means that the factory will be closed. The company has stated the main reason for the closure is a significant decrease in the orders.


Sources

  • 1 August 2016: www.hrt.hr

Citation

Eurofound (2016), Inkop, Bankruptcy in Croatia, factsheet number 88274, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88274.