Translations:Slowenien/2/en
In the first quarter of 1990 MGAs production was on a rapid increase, but on 1st of November the Savinja River next to the factory broke its bank and started flooding, made its way inside the factory and caused total devastation. The water destroyed machines, transport lines and swept away finished products and large amounts of reproduction material. Slovenia gained independence of Yugoslavia in June 1991 and after MGA experienced disintegration in markets of former Yugoslavia. Then a recession in the white goods market in Europe followed, plus uneventful export activities to the USA, talks with BSHG about entering into ownership started and continued. On 1 March 1993 BSHG became 100% owner of the company Gorenje MGA. In 1995 new business facilities of 720 square meters were constructed. The new premises were to serve the R&D department, laboratories and an exhibition area. In 1998 1,9 million appliances were manufactured in Nazarje as well as 387.000 electro-motors. The total turnover value was 120 million German marks and 95% of production was exported. The company employed 546 workers.