Slovenian glass maker to lay off 60 workers

Food

Slovenian glass maker Steklarna Hrastnik plans to lay off 60 people by the end of September due to a drop in sales as a result of the coronavirus crisis, local media reports.

The glass maker has drafted a plan to preserve its long-term operations and the healthy core production that includes dismissing 60 workers engaged in tableware manufacturing, state news agency STA reported, quoting company information.

The company will terminate tableware production in September, the report said, adding that one of its furnaces shut down earlier in May. Moreover, Steklarna Hrasnik will suspend for two months as of September the production of perfume and cosmetics packaging. At present, the company employs some 700 people, STA said on May 19.

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.