Slovak Furniture Manufacturer Decodom Files for Bankruptcy After 30 Years

Decodom, a furniture manufacturer from Topoľčany in western Slovakia, has filed for bankruptcy after three decades of operation. The company survived both the COVID-19 pandemic and the energy crisis that severely impacted Slovak manufacturing, but ultimately succumbed to a combination of declining demand, high operating costs, and inability to secure new investment. The closure marks the end of what had become a local industrial landmark in the Nitra region, where Topoľčany is located. Slovakia's manufacturing sector has faced significant pressure in recent years due to rising energy costs following the war in Ukraine and reduced demand from key export markets in the European Union.