DK/STA
15. 1. 2025, 16.34
Updated: January 16, 2025, 2:20 p.m
The Ministry of Labor is also looking for solutions for the company and the employees of the disabled company CSS, which is majority state-owned and for which the general assembly approved the liquidation today at the proposal of the management, in communication with the municipality, SDH and the employment office.
The Slovenian State Holding (SDH) explained after the general meeting that all other options for further operations have been exhausted, and they supported the liquidation in order to prevent the bankruptcy of the company. At the same time, CSS management was asked to continue the search for alternative employment opportunities for employees, especially for the disabled, in cooperation with all stakeholders.
The company made a loss of 400,000 euros in five years
As the Ministry of Labour, Family, Social Affairs and Equal Opportunities explained to STA today, they got involved in solving the situation with the company as soon as they received information about the problems. They reminded that the company generated a loss of EUR 400,000 in five years, and before that it was recapitalized twice by the state (the total amount of the recapitalization was EUR 1.2 million).
The company employs 43 people, 19 of whom are disabled
CSS, which manufactures turned and cold-formed metal products, has the status of a disabled company and is majority-owned by the state, which has a 97.96% share in it, with the remaining share shared by the Association of Blind and Visually Impaired Associations and the Municipality of Škofja Loka. The company employs 43 people, 19 of whom are disabled.
“We found out about the problems too late, only on November 12, 2024, when the union informed us about it,” they wrote at the ministry. They emphasized that at that time they checked all legal options in order to strengthen the subsidies that CSS receives as a company with disabilities – it receives about 385,000 euros annually from the Ministry of Labor, which is the total amount of subsidies and exemptions from contributions. “A unfortunately, the legal possibilities for subsidization are thus completely exhausted,” they stated.
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However, as they say, the ministry has been in communication with the municipality, SDH and the Employment Agency of the Republic of Slovenia all this time, with whom they are intensively looking for solutions for the company and its employees.
“The main mission of the ministry is to protect the rights of workers and preserve jobs. That is why we sent a letter to the SDH, in which we ask them to explain to us what consequences the use of an institute that gives the minister the possibility to annul the decision regarding liquidation would have on business.” they also wrote down.
CSS management looked for a solution
At the request of SSH, the management of CSS tried to find a solution for the company, but based on the analysis of the business and financial restructuring plan, the independent consultant of SSH concluded that the company does not have a long-term sustainable business model and that it cannot be successfully restructured. The current estimated liquidation value allows the payment of salaries for December and severance pay.
The CSS Trade Union and the Trade and Entrepreneurship Trade Union of Slovenia, which in the past few days presented their proposals for the CSS solution, today expressed their disappointment at the decision of the assembly.
Source: svet24.si
