Slovenia -Layoffs before privatisation -December 23, 2013

Coatings maker Helios, the first from a list of 15 companies doomed for privatisation, is facing first layoffs even before the new owner, Austria's Ring International, has taken over. Concrete figures are not available, but it is suggested that between 100 and 170 employees stand to lose their jobs; figures that have not yet been confirmed. The trade union stated that the arrival of a private partner entails a risk that business decisions taken will not benefit people and underscored that ‘the benefit the state will obtain through the sale of its stake will obviously be negligible as the proceeds will be spent the next moment to fill up holes at banks’.

English: http://www.sloveniatimes.com/layoffs-at-helios-before-arrival-of-new-owner

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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