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.
Slovensko; Stredné Slovensko; Banskobystrický kraj
Location of affected unit(s)
Poltár
Sector
Manufacturing (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23.1 - Manufacture of glass and glass products 23.1 - Manufacture of glass and glass products
390 jobs Number of planned job losses
Announcement Date
15 December 2011
Employment effect (start)
15 January 2012
Foreseen end date
Description
Slovglass Company, which produces domestic glass in Poltar, announced mass dismissal of 390 employees. Dismissals are attributed to the bankruptcy announced by company management and concern all blue collar workers working there. Slovglass was longer time insolvent, and the gas contractor company stopped deliveries to the company.
Sources
19 December 2011: Hospodárske noviny
Citation
Eurofound (2011), Slovglass, Bankruptcy in Slovakia, factsheet number 72913, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/72913.