Boxmark Leather

Type
Offshoring/Delocalisation
Country
Slovenia
Region
Slovenija; Vzhodna Slovenija; Podravska
Location of affected unit(s)
Kidričevo
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
14.2 - Manufacture of other wearing apparel and accessories
14.24 - Manufacture of leather clothes and fur apparel
New offshoring locations
Bosnia and Herzegovina
104 jobs
Number of planned job losses
Job loss
Announcement Date
28 February 2020
Employment effect (start)
1 March 2020
Foreseen end date
30 April 2020

Description

Boxmark Leather, a supplier of leather products for the automobile industry, will lay off 104 more workers by the end of April 2020. The total number of dismissed workers will, therefore, increase from 184 (company announcement from November 2019) to 288. The management explained that workers are no longer needed because the company has invested in new labour-saving machines and relocated a part of the serial production in Bosnia and Herzegovina. The restructuring, which aims at reducing the risk related to growing labour costs in Slovenia, is taking place at a time when the company is looking to expand production for the aviation industry.

Sources

Citation

Eurofound (2020), Boxmark Leather, Offshoring/Delocalisation in Slovenia, factsheet number 99908, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99908.