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.

"All workers will be laid off" Croatian giant on its knees

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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