Bilkon textile company faces production uncertainty after mass resignation

Twenty-eight female employees of the Bilkon textile company in Bileca, Bosnia and Herzegovina, resigned on the same day after their fixed-term employment contracts expired. The workers cited dissatisfaction with working conditions and daily workplace difficulties as their reasons for leaving.

The mass departure complicates the company's existing financial crisis. Bilkon owners filed for bankruptcy proceedings with the District Commercial Court in Trebinje in mid-October, citing declining orders and increasing financial difficulties. The court has initiated preliminary bankruptcy proceedings and appointed Radenka Srndović as the temporary bankruptcy administrator, who has 30 days to propose further steps.

Director Gojko Vuković stated that the company will attempt to organize production with the remaining staff and is holding meetings with foreign partners to determine the future of the factory. Founded in 2013, Bilkon previously employed approximately 100 people and worked with partners such as the German brand Stiksl. Last year, the company reported revenues of 1.84 million KM alongside a loss of 125,531 KM.