MLM furloughs 15% of workers due to drop in orders

Maribor, 8 July - The state-owned foundry MLM, which has been in the red for a while, has sent 50 of its 350 workers on furlough after seeing a drastic decrease in orders from its largest client. CEO Samo Iršič blames the drop in orders on the lack of financial stability caused by failed sale attempts and loan rescheduling.