EMCC European Monitoring Centre on Change

SCT d.d.

Company/Organisation:
SCT d.d.

Geographic Location

Country: Slovenia
Region: Osrednjeslovenska; Slovenija
Location of affected unit(s): Ljubljana

Company

Sector: Construction
Construction
41 - Construction of buildings
Number Employed: 760
Group: SCT Group

Employment Effects

Announcement Date: 08-06-2011
Planned Job Reductions min: 760
Planned Job Reductions max: 760
Type of Restructuring: Bankruptcy
Employment Effect Start: 15-06-2011
Foreseen End Date: 14-07-2011

Additional Information

SCT d.d.entered the bankruptcy procedure resulting in the dismissals of its entire workforce, 760 job losses. 

SCT d.d.is the holding company of the SCT Group, the largest construction company in Slovenia; the company is located in Ljubljana in the Osrednje-slovenska region and employs 760 employees. The entire Slovenian construction sector is in a heavy crises faced with the payment arrears and the lack of new orders. Some of the daughter companies of SCT d.d. have been already declered bankrupted (see fact sheet ID 16737)