Martin may also lose the Neografia printing house. It claims it will not survive without help and wants to sell shares to the state
The Neografia printing house in Martin, Slovakia, is facing severe financial difficulties and is seeking state assistance for survival after significant layoffs and ongoing debt issues.
Neografia, a printing company in Martin, Slovakia, has been struggling with financial difficulties since late last year and is currently under court protection for debt relief. The company, which has around 230 employees, had over 400 before its financial troubles began. The city of Martin has faced significant industrial losses, including the closure of the Ecco footwear factory, further exacerbating the local economic situation.
The management of Neografia, alongside Matica slovenská, is planning to approach the government for financial help, as it is clear that the company cannot recover without external support. The potential solution includes the state purchasing shares in order to keep the printing house operational, which is considered vital for the Slovak industry. Marián Gešper, the head of Matica slovenská, emphasized the urgency of the situation, highlighting the lack of capital required for self-recovery without state or investor intervention.
Furthermore, Gešper criticized both the European Union and the Slovak government for their roles in the crisis, suggesting that regulatory frameworks may be hindering the state’s ability to support important local industries effectively. The implications of Neografia's failure could resonate far beyond the printing industry, affecting local employment and economic stability in Martin.