|Abstract:||In the first part of the thesis we show how Mura Company d.d. was being rescued, which was one of the largest textile companies in Slovenia, before it got into difficulties.
The theoretical part of the thesis firstly defines the crisis and its kinds, and then we present the most important causes for it and describe the reactions of the participants in the financial crisis and how companies acted in such situations. In conclusion, this chapter presents a plan how to rescue the firm from bankruptcy as a ‘Phoenix’ company and the cessation of business operations.
The following section tends to present the Mura Company d.d., where general information about the company can be found, the history of the company since the commencement of its operations, all the subsidiaries and their businesses. We found that Mura Company d.d. initially distributed across departments, and then from these a subsidiary was formed.
We came across this findings when examined the organization of the Mura Company d.d..
At the end of this chapter the main markets for exports are presented and a share of these in some other countries as well.
After presenting the basic company information, we did an analysis of financial data of the company. We analyzed the data net profit from 2004 until 2008, when the company was still operating smoothly. We did an analysis of turnover, capital, number of employees and assets, and stock held by the company that it had in those five years. Furthermore, we have stated reasons for such results of operations. In addition to this analysis, we have analyzed the market of textile and clothing industry, and in the end compared the Mura Company d. d. to global competition.
In resolving the business with ‘Phoenix’ Companies, we described the course of business and some important events that have occurred over the past three years, while Mura Company d. d. was in the gravest of difficulties. Bankruptcy and subsidiaries are being presented, which have risen as a phoenix out from the ashes of the old company.
The last chapter gives wholesome findings about the Mura Company d. d., and concludes which were the most important causes for its poor performance and then bankruptcy.|