Slovenia’s home appliances maker Hisense Gorenje decided not to dismiss production workers as initially planned due to the increased number of orders, it said on July 14.
In April, the Chinese owners of Gorenje announced that it will lay off 2,200 employees in Slovenia and Gorenje’s subsidiaries abroad, as the company’s performance worsened due to the coronavirus (COVID-19) pandemic, but in June it lowered the number of redundancies to just over 500.
"The company will use soft methods to reduce the workforce, after the number of orders increased sharply in recent weeks," the company said in the statement.
The orders relate to deliveries in August, September and October, while June was the first profitable month of the year.
"The management of Hisense Gorenje has therefore decided that due to the new business circumstances in the production sector to use soft methods to improve work efficiency," it said.
The increased orders are the result of measures taken by management to strengthen operations, to adapt to the conditions resulting from the new coronavirus pandemic, and to improve business results.
However, the half-year business result of Hisense Gorenje remained negative, and market conditions are still uncertain and volatile, according to the management.
London-listed oil and gas company Ascent Resources filed a lawsuit against Slovenia after being required to conduct an environmental impact assessment before fracking near a water source, ... more
The weekly protests taking place in Ljubljana entered their 11th week on July 3, when several hundred protesters rode through the Slovenian capital on bicycles to express their unhappiness with the ... more
Slovenia’s SID Bank successfully issued COVID-19 bonds worth €350mn on international capital markets, the bank announced on July 2. The state-owned bank will use the funds raised to help ... more