Slovenian liquid cooling systems manufacturer EKWB has been investigated by the local labour inspectorate after its employees complained to the regulator about wage arrears. This comes six months after Edvard Konig re-assumed his position as EKWB CEO and announced a series of measures to address the issue of wage arrears.
Image source: overclock3d.net
According to the source, EKWB employees have not been paid for a long time. The report also says that the company’s management allegedly sent notices to employees stating that some payments “will likely not be paid until October.” The company also claims to have laid off several employees in July of this year.
In response to a request from local publication Forbes Slovenia about the company’s income, financial situation and salary arrears, EKWB management stated that the process of covering up the damage caused by the previous management is ongoing. The company declined to comment on “internal activities”, but said that the management had to take “unpopular” measures.
“Edward Koenig and his colleagues at EKWB are repairing the damage caused by the previous director’s poor management and governance. We understand that the actions we are taking are unpopular and have provoked anger and hostility from anonymous authors of false statements. We will not comment further on the company’s internal activities,” EKWB said in a statement.
Judging by this message, EKWB is in a difficult financial situation. However, delaying employee salaries is highly unethical, regardless of the reasons. At this point, it is difficult to say what consequences the investigation launched by the Slovenian authorities may have for the company. In any case, the situation for EKWB is not going well.
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