Restructuring events
European Restructuring Monitor (ERM)
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.
Boxmark Leather, a supplier of leather products for the automobile industry, will close its production unit in Murska Sobota and terminate the employment contracts with all 184 workers by the end of 2019. A slowdown in the automotive industry and outdated technological equipment are reasons for the closure. Boxmark Leather, owned by the Austrian firm Schmidt, has rented facilities in Murska Sobota since 2015 from the bankrupt garment manufacturer Mura. Management said that some redundant workers might get a job at their production site in Kidričevo, but decline more specific information about the number of persons to be re-employed.
Eurofound (2019), Boxmark Leather, Closure in Slovenia, factsheet number 99061, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99061.