Slovenian clothing maker Aha Mura, which emerged from the remnants of the former Mura, has gone into bankruptcy after failing to settle its tax bill.
The decision, in which around 1,200 jobs will be lost, came after the Murska Sobota District Court gave owner Mojca Lukancic an extension to pay the €6.3m (US$8.6m) debt in May, reports Slovenian news agency STA.
Lukancic had been in talks with a potential foreign investor for the Aha Group, but that failed to bring about a life-saving deal.
Creditors have been given until 25 August to register their claims against Aha Mura.
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