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BUSINESS IN SHORT

State to help unpaid Slotex workers

EMPLOYEES of the Slotex Fashion company based in the eastern-Slovak town of Vranov nad Topľou will receive financial aid from the state after they were laid off with three months of unpaid salaries. Prime Minister Robert Fico announced he would make available some €400,000 to them if they fail to receive the money from the guarantee fund of the social security provider Sociálna Poisťovňa, the SITA newswire reported.

EMPLOYEES of the Slotex Fashion company based in the eastern-Slovak town of Vranov nad Topľou will receive financial aid from the state after they were laid off with three months of unpaid salaries. Prime Minister Robert Fico announced he would make available some €400,000 to them if they fail to receive the money from the guarantee fund of the social security provider Sociálna Poisťovňa, the SITA newswire reported.

The company filed for bankruptcy with the Prešov Regional Court.

Fico announced his cabinet will make changes to the legislation in order to prevent similar cases from occurring in the future, SITA wrote.

Dismissed Slotex employees, plus their supporters from U.S. Steel Košice and Tesla Stropkov. held a protest march in early September. The protest was to draw attention to the practices of the Italian investor who owes them unpaid wages for June, July and August, and who sent them written layoff notices without a prior warning.

All 180 employees of the firm were given notice in this manner on September 3, the date they were supposed to return to work after the end of a company holiday.

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