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 29.32 - Manufacture of other parts and accessories for motor vehicles
147 jobs Number of planned job losses
Announcement Date
15 November 2017
Employment effect (start)
1 January 2018
Foreseen end date
31 March 2018
Description
Cimos, an international supplier of auto parts with five plants in Slovenia and six in Croatia, announced a collective dismissal of 147 workers in Slovenia. Cimos, a former state-owned company, was bought by the Italian group Palladio Holding in May 2017. Since then the sales revenue has decreased. The majority of workers who are going to be dismissed are from the plant SenožeÄe, as part of its production will be delocalized to Croatia, but other plants in Vuzenica, Maribor and Koper will be affected as well. Out of 147 workers, 25 are administrative workers. The company management and the trade union at the employer will start negotiations about redundancy selection criteria in the beginning of December 2017. Cimos now employs 3,361 workers altogether, of which 1,244 in Slovenia.
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Sources
15 November 2017: MMC RTV
23 November 2017: Dnevnik
Citation
Eurofound (2017), Cimos, Internal restructuring in Slovenia, factsheet number 92611, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92611.
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