economy
February 6, 2026
"All workers will be laid off" Croatian giant on its knees
Another former industrial giant is on the brink of collapse; after a full 130 years of operation, the Gredelj railway car factory is shutting down production.
TL;DR
- Gredelj factory to permanently cease production after June 2026.
- All workers will be laid off, though severance packages are expected.
- The decision was made by the Slovakian owner, Tatravagonka, citing market conditions.
- Unions are surprised and concerned about the fate of the workers and ongoing business contracts.
- Some orders guaranteed work until 2032, and the future of current production and maintenance is unclear.
- Tatravagonka has factories in Bosnia and Herzegovina, Serbia, and Slovakia, raising concerns about machinery and production relocation.
- The Ministry of Economy has not responded to inquiries about the factory's future.
- The union is determined to fight for Gredelj to continue operating, potentially under new ownership.
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